IndexIQ: Hedge Funds Fall 1.1% In August

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).


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...