Thursday, 21 August 2014
Last updated 40 min ago
Jul 8 2011 | 12:03pm ET
One set of hedge fund replication indices certainly lived up to its name in June, to the detriment of investors.
IndexIQ's suite of hedge fund beta indices took a beating in June, replicating the pitiful performance of most hedge fund indices. All six of IndexIQ's strategy indices were in the red last month, as well as its IQ Hedge Composite Beta Index, which lost 1.22% on the month (up 0.63% year-to-date).
The Event-Driven Beta Index suffered the worst June, losing 1.58% (up 0.27% YTD), followed by the global macro (down 1.5% in June, up 2.14% YTD) and emerging markets (down 1.48%, down 2.14% YTD) benchmarks. The fixed-income index funds lost 1.39% on the month (up 0.1% YTD).
IndexIQ's long/Short beta index dropped 1.27% in June (up 2.06% YTD) and its market neutral index 0.1% (up 1.21% YTD).
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note