Sunday, 29 November 2015
Last updated 1 day ago
Jun 6 2012 | 11:37am ET
IndexIQ’s Hedge Fund Composite Beta Index, an investable hedge fund replication index, was down 2.52% in May.
Year to date, the composite index is up 1.27%.
The Rye Brook, N.Y.-based firm’s six strategy indices all lost ground in May. The biggest loss was reported by the long/short beta index (down 4.69%), followed by the emerging markets beta index (down 4.40%). The event-driven beta index was down 3.07%, the was market neutral beta index down 1.77%, the fixed-income arbitrage beta index down 0.79% and the global macro beta index down 0.39%.
Year to date, five of the six strategy indices are in the black, the only exception being market neutral, which is down 0.41%.
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…