Hedge Fund ETFs Are Poised For A Fresh New Look

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.

What's the smart money been buying and selling lately? ETF investors will find out Aug. 27. That's when AlphaClone Alternative Alpha (ALFA), the exchange traded fund that taps into hedge funds' top picks for successful investing, undergoes quarterly rebalancing. Expect to see big new bets on financial stocks such as American International Group (AIG) and Bank of America (BAC), says Maz Jadallah, CEO of AlphaClone. On the other hand, booming