Wednesday, 2 September 2015
Last updated 12 hours ago
Sep 7 2011 | 10:57am ET
A hedge fund replication index run by IndexIQ lost 1.1% last month.
The IQ Hedge Composite Beta Index is now up just 0.19% on the year. Five of the Rye Brook, N.Y.-based firm's six strategy indices lost ground last month, with only the global macro beta index posting a gain—and a big one, 3.98%, to reach 9.08% on the year.
On the other side, the long/short index fell 3.63% (down 2.37% year-to-date) and the emerging markets index fell 3.57% (down 4.72% YTD). Fixed-income arbitrage lost 2.14% (down 2.34% YTD), market neutral funds 1.21% (down 0.26% YTD) and event-driven 0.05% (up 1.87% 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…