A University's Distaste for Hedge Funds Created This New ETF. It's Still Risky. — Barrons.com
By Paul R. La MonicaA new exchange-traded fund, seeded with $2.5 billion from the University of California, is not only the largest U.S. ETF debut ever-it's taking a starkly different approach from how many college endowments handle risks.Universities often play a risky game with their endowments…