Saturday, 5 September 2015
Last updated 13 hours ago
Nov 12 2010 | 2:12am ET
All but one of IndexIQ’s hedge fund replication indices posted gains last month, the firm said.
IndexIQ’s main IQ Hedge Composite Index rose 0.86% last month, substantially less than most hedge fund indices. It is up 6.7% on the year.
The series of beta indices was led by its long/short strategy, which added 1.92% on the month (5.48% year-to-date). Emerging markets returned 1.33% (6.1% YTD), followed by event-driven at 1.28% (8.23% YTD) and market neutral and fixed-income arbitrage funds, which each added 0.56% (2.49% and 3.92%, respectively, YTD).
Only IndexIQ’s global macro index lost ground, dropping 0.55% (up 5.41% YTD).
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…