Low-Cost Hedge Fund Replication May Threaten Securities Lawyers

Hedge fund performancePhoto by gigijin
The hedge fund industry has been perhaps the only bright spot in the increasingly grim world of active management over the last decade. While passive investment funds like many index ETFs (exchange-traded funds) have seen huge asset inflows, investors have been fleeing actively managed funds in droves. Hedge funds have been the lone area that investors…

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