Some highlights from Monday’s FTfm.
ETF providers attack systemic risk warnings
Exchange traded fund providers have hit back at regulators’ claims that “synthetic” ETFs could pose a threat to the stability of global financial markets after alarm bells were rung last week in separate reports from the Financial Stability Board, the IMF and BIS.
Hedge fund clones beat index but inflows remain low
Proponents of the art of hedge fund replication may be forgiven a degree of uncertainty, writes Steve Johnson. Clones have gathered only limited assets but new research says two-thirds of the replication products outperformed the benchmark. Read more