Saturday, 23 May 2015
Last updated 13 hours ago
Oct 2 2012 | 10:36am ET
Most hedge funds made gains in September, according to IndexIQ's suite of hedge fund replication indices.
The IQ Hedge Composite Beta Index was up 1.39% on the month, putting it up 7.45% year to date.
Long/short funds turned in the best performance in September, adding 2.99%, followed by emerging markets funds, which were up 2.30%. Event-driven funds were up 1.60%, market neutral funds were up 0.54%, global macro funds up 0.49% and fixed-income arbitrage strategies were up 0.41%.
Designed as investable benchmarks that replicate the performance characteristics of sophisticated hedge fund strategies, the IQ Hedge benchmark indices were originally introduced on March 30, 2007 and have been calculating live since that date.
The firm will launch its latest hedge fund replication ETF, tracking market neutral strategies, on October 4.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…