From WSJ: Wealth managers are putting more client money into mutual funds that use hedge-fund strategies. The funds work well for clients who can't meet hedge funds' large minimum investment requirements or who want the transparency and liquidity that come with a mutual fund.
Wealth managers are putting more client money into mutual funds that use hedge-fund strategies, seeing a potential shelter in a storm.
Often called hedged mutual funds, these instruments use some of the complex investment styles and tactics found in hedge funds, such as short-selling, employing leverage and trading in derivatives such as options. But unlike hedge funds, they offer greater transparency and can be traded daily…..
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