Thursday, 26 November 2015
Last updated 1 day ago
Dec 6 2011 | 11:26am ET
Hedge funds took a dive in November, according to one set of industry replication indices.
IndexIQ's IQ Hedge Composite Beta Index lost 1.43% last month, more than most hedge fund indices that have reported their November numbers. On the other hand, the replicator is down much less than many of those indices year-to-date with just a 2.15% decline in 2011.
All six of the strategies tracked by IndexIQ's beta suite were in the red. Emerging markets lost 3.34% (down 11.1% YTD), fixed-income arbitrage lost 1.48% (down 1.66% YTD), global macro lost 1.25% (up 6.54% YTD) and long/short lost 1.08% (down 3.55% YTD).
The Event-Driven Beta Index fell 0.95% on the month (down 1.71% YTD) and the market neutral index 0.51% (down 1.3% YTD).
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…