Adam Patti is the Chief Executive Officer and Founder of IndexIQ, a New York-based ETF issuer behind several of the most innovative ETF products to hit the market in recent years. He recently took time out of his busy schedule to discuss commodity investing, ETF options for protecting against inflation, and replicating hedge fund-like returns through ETFs. ETF Database (ETFdb): IndexIQ is perhaps best known for its hedge fund replication ETFs, including the Multi-Strategy Tracker ETF (QAI) and IQ Hedge Macro Tracker ETF (MCRO). Why might investors want exposure to a hedge fund-like asset? Adam Patti (AP): First off, there are some misconceptions about this asset class; many investors think that hedge funds are designed to “shoot the lights out” in terms of performance, because they hear all these fantastic numbers that some of these hedge funds put up once in a while. The reality is that hedge funds, as their name [...] Click here to read the original article on ETFdb.com. Related Stories: Hedge Fund ETFs vs. Actual Hedge Funds Credit Suisse Launches Hedge Fund ETN (CSLS) Door Opens For Hedge Fund ETFs