Flood of ETFs promising hedge fund-style returns
Wednesday, June 10, 2009 : PermalinkReuters – Money managers are flooding the market with exchange-traded funds (ETF) and mutual funds designed to give even the smallest of investors access to hedge fund returns without all the usual restrictions or hefty fees.
IndexIQ Advisors, a start-up firm that seeks to replicate hedge fund performance, on Tuesday launched the index-based IQ Hedge Macro Strategy Tracker ETF, about 75 percent focused on emerging markets and 25 percent on global trends. The offering joins the IQ Hedge Multi-Strategy Tracker ETF, which began trading in March and is up 17 percent.
Tags:
emerging-markets, exchange traded funds, global trends, hedge fund performance, hefty-fees, investors, iq, money-managers, mutual funds, reuters money








