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

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

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

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

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.