By breaking down hedge fund returns into various factors, new ETFs can replicate returns at a lower cost and with greater liquidity, says ProShares' Joanne Hill.
William Harding of Morningstar Investment Management, head of alternatives research Nadia Papagiannis, and ETF analyst Tim Strauts outline smart diversification strategies in this 50-minute roundtable discussion.
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 hedge funds.
The long/short equity asset class over time has actually produced as good if not better returns with less volatility than the S&P 500 or the MSCI World Index, says Mars Hill Partners' Jason Huntley.
©2012 Morningstar Advisor. All right reserved.