Growing Selection in Liquid-Alt ETFs

Liquid-alternative exchange traded funds (ETFs) comprise only a small part of the ETF universe. Estimated assets under management for the group are just about $2 billion, with roughly $1 billion of that total in the IQ Hedged Multi-Strategy Tracker ETF (QAI) from IndexIQ. The investment options for this category are expanding, though. In October, Morningstar teamed…