Tuesday, 7 July 2015
Last updated 44 min ago
May 7 2012 | 10:59am ET
A hedge fund replication index run by IndexIQ was flat in April—losing 0.08%.
The Rye Brook, N.Y.-based firm’s IQ Hedge Composite Beta Index is now up 3.89% on the year.
Three of IndexIQ's six strategy indices gained ground last month, the biggest increase posted by the global macro index, which was up 1.22% on the month (and 2.79% YTD). Also in the black was the fixed income arbitrage index (up 0.74% on the month, and 5.49% YTD) and the event driven index (up 0.11% on the month, 3.81% YTD).
Dragging down the monthly results were the long/short index (down 1.40% on the month, but up 5.16% YTD), the emerging markets index (down 0.83% on the month, but up 4.64% YTD) and the market neutral index (down 0.33% on the month, but up 1.39% YTD).
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…