As hedge fund titans face an intense grilling by congressional committees and thousands of hedge funds around the world close their doors, perhaps it is time to consider a new approach.
A hedge fund structure offers investors many advantages such as maximum flexibility, but the model is sure to change under all the heightened scrutiny.
After specializing in country-specific exchange-traded funds since 2002, I am convinced that there would be strong demand funds with new structures that address some of the current drawbacks of hedge funds, namely liquidity, transparency, leverage, risk management and fees.