Hedge Fund Replication Index Dips 2.3% In '11

Jan 10 2012 | 11:28am ET

IndexIQ's hedge fund replication indices did their jobs all too well last year, suffering losses in line with those of the funds they seek to track.

The IQ Hedge Composite Beta Index fell 2.32% in 2011, somewhat less than most benchmarks show the average hedge fund to have fallen. The beta index edged down 0.17% in December.

IndexIQ's strategy indices turned in widely varying performances. At the top of the heap was global macro, which rose 5.74% on the year (down 0.75% in Dec.). From those heights, it was a long was down to emerging markets, which lost 11.27% in 2011 (down 0.2% in Dec.).

In between, fixed-income arbitrage added 0.42% last year, thanks to a 2.11% surge in December. Market neutral fell 1.6% (down 0.31% in Dec.), event-driven fell 3.03% (down 1.35% in Dec.) and long/short fell 4.1% (down 0.56% in Dec.).

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...