Replication Indices Sink In Nov.

Dec 9 2010 | 2:50am ET

IndexIQ's suite of hedge fund replication and alternative beta indices tracked the hedge fund index to a loss in November.

The overall IQ Hedge Composite Beta Index dropped 1.26% on the month, the latest industry benchmark to show a November decline (only one has shown a small gain, so far). The index is up 5.35% on the year.

Only one of IndexIQ's strategy indices, fixed-income arbitrage, was in the black last month at 0.45% (5.56% year-to-date). The rest joined the broader index in the red.

The long/short beta index took the biggest hit, falling 2.8% (up 7.22% YTD), followed by the global macro beta index, which dropped 2.18% (up 4.62% YTD).

The emerging markets index lost 1.31% (up 7.96% YTD), event-driven index 1.03% (up 9.62% YTD) and market neutral index 0.71% (up 3.47% YTD).


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of