IndexIQ: Hedge Funds Add 1.39% In Sept.

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.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...