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

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of