Hedge Fund Replication Index Up 3% In Sept.

Oct 6 2010 | 3:49am ET

If their replicators are any indication, the average hedge fund added 3% last month.

That's the September performance figure for IndexIQ's IQ Hedge Composite Beta Index, anyway. The index is up 4.45% on the year.

All but one of the beta strategies tracked by the IndexIQ suite were in positive ground in a month that produced the strongest returns for both the Standard & Poor's 500 Index and Dow Jones Industrial Average since the Great Depression. The emerging markets beta index rose 5.7% on the month (4.71% year-to-date), followed by the long/short index (5.25%, 3.49% YTD) and the event-driven index (3.58%, 6.86% YTD).

The fixed-income arbitrage beta index was up 2.19% (3.34% YTD), while the market-neutral index added 1.32% (1.92% YTD). Only the global macro beta index lost ground—and just barely—dropping 0.02% (up 5.99% YTD).


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR