Top Portfolio Products: Schwab Debuts Zero-Commission ETF Platform
Advisor One
Fri, 8 Feb 2013
In other portfolio news, LPL's Fortigent and Central Park Group join forces to offer more access to hedge funds, private equity, real estate and funds of funds.
Hedgefund -replicating ETFs and mutual funds can provide investors with similar return characteristics at a much lower cost, says Index IQ's Adam Patti.
Ramius' Vikas Kapoor discusses some of the drawbacks of common replication strategies and how his fund strives to avoid them while still providing the liquidity often absent in regular hedgefunds .
Goldman Sachs Asset Management's Theodore Enders says hedgefund replication can bring risk-reduction benefits without a lot of the traditional drawbacks of hedgefund investing.
By breaking down hedgefund returns into various factors, new ETFs can replicate returns at a lower cost and with greater liquidity, says ProShares' Joanne Hill.