Replication Index Takes A Hit

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).


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.