Tendance Finance sees risk in ETF liquidity
Tendance Finance says some ETFs only pretend to offer daily liquidity while hedge funds should also prepare for limits on leverage and short positions during volatile markets
Independent investment adviser Tendance Finance says it is concerned by the lack of liquidity in the exchange-traded fund (ETF) market, in a world marked by increasing volatility and reduced liquidity, as well as the risk of regulators placing caps on leverage and short positions during periods of volatility.
Paris-based Tendance Finance, founded in 2011, was the recipient of Hedge Funds Review's award for best emerging managed futures/CTA hedge fund manager at this year's European Single
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