In word and in deed, the asset management industry embraced the "liquid alternatives" category like never before in 2013, rolling out dozens of mutual funds and ETFs under the liquid alts banner.

As the provider of the first no-load, open-end hedge fund replication mutual fund (IQHIX) and the first family of hedge fund replication ETFs (including our flagship ETF, QAI) to be listed in the U.S., we've had a unique vantage point from which to watch the liquid alts revolution unfold.

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