Thursday, 18 December 2014
Last updated 14 hours ago
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).
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.