Hedge Funds Like ETFs, but in a Different Way
November 25, 2013 at 11:41 AM EST
Like a lot of professional investors, hedged funds like exchange traded funds. However, the affinity for ETFs displayed by some hedge funds may come as a surprise to some. That is to say hedge funds like to short ETFs. “Hedge funds use ETFs more as a hedging tool than as a directional investment...