Friday, 3 July 2015
Last updated 20 hours ago
Dec 9 2010 | 1:50am 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).
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…