Sunday, 21 December 2014
Last updated 11 hours ago
Aug 4 2011 | 10:15am ET
In July, one set of hedge fund replication indices may have done a less-than-accurate job—to the profit of its investors.
IndexIQ's IQ Hedge Composite Beta Index rose 0.67% last month—while most hedge fund indices took a dive. The replication index is up 1.3% on the year.
On a strategy basis, IndexIQ's benchmarks split into positive and negative camps. The former were led by the global macro beta index, which rose 2.7% (4.9% year-to-date), followed by event-driven (1.65% in July, 1.92% YTD) and emerging markets (0.97%, down 1.19% YTD).
The losers were headlined by the long/short beta index (down 0.74%, up 1.31% YTD), followed by fixed-income arbitrage (down 0.3%, down 0.2% YTD) and market neutral (down 0.24%, up 0.97% 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.