(HedgeCo.Net) — The alternative-investment industry is moving through one of the most important distribution shifts in its modern history. Strategies that were once reserved for institutions, family offices, and high-net-worth investors are increasingly being repackaged into liquid, transparent, retail-friendly exchange-traded funds. The result is a new phase in the “democratization” of alternatives: hedge-fund-style strategies are no longer confined to private partnerships, complex offshore str...
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