Fund manager Q&A: Betting on funds that thrive as rates rise

This undated photo provided by Toroso Investments shows Michael Venuto, chief investment officer of Toroso Asset Management. Investors seeking to hedge against higher interest rates and increased volatility have other options besides traditional retail banks. Financial services companies, like State Street and BlackRock, which issue exchange-traded funds, or ETFs, tend to also do well when rates rise, said Venuto. (Linda Venuto/Toroso Investments via AP)

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