Amid the chaos of April, this fund returned 25% to investors. Here’s how it did it.

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Ambrus Group’s Volatility Fund, a hedge fund executing a tail-risk strategy, exploited the carnage to deliver a 25.21% investment return during the month, according to data from Societe Generale.

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Amid the chaos of April, this fund returned 25% to investors. Here’s how it did it.

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