27.03.2009 - IndexIQ launches hedge fund strategy ETF
From Etfguide.com: Investors looking for hedge fund like strategies within an ETF package now have a new choice. IndexIQ, a Rye, NY-based index provider, has just introduced the IQ Hedge Multi-Strategy Tracker ETF which is benchmarked to the IQ Hedge Multi-Strategy Index. Although QAI does not own or invest directly in hedge funds, it uses hedge fund like investment strategies that include long/short equity, global macro, market neutral, event-driven, fixed income arbitrage, and emerging markets.....Full Article: Source