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Hedge funds and ETFs: The easy trade

Regulators are starting to worry, but ETFs are still a big play for hedge funds

By Anastasia Donde Long touted for their low cost and efficiency, exchange-traded funds have become one of Wall Street’s fastest-growing businesses—now estimated at $1.2 trillion—and one that hedge funds have embraced wholeheartedly. And while regulators are starting to sound alarms, hedge funds continue to pile on. Consider John Paulson. The

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