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Friday, June 15, 2012

UBS and HFR Cooking ETFs

News summary by MFWire's editors

UBS and Hedge Fund Research, a Chicago-based research group, are cooking four ETFs, Maiya Keidan reports for HFM Week.

Clemens Reuter, UBS ETFs head, said:
"The launch of the HFRX sub strategies are a natural extension to our existing HFRX Global Hedge Fund ETF. We are responding to client demand for such an offering and so are very pleased to be at the cutting edge of such developments, whilst working in close partnership with the acknowledged alternative indices experts, HFR."
The HFRX Equity Index, HFRX Event Driven Index, HFRX Relative Value Arbitrage Index and HFRX Macro CTA Index will be powered by the individual strategy indices of HFR. 

Edited by: HFD


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