Beta Indices Show Down February

Mar 7 2013 | 12:21am ET

Hedge funds fell in February, according to an industry replication index.

IndexIQ's IQ Hedge Composite Index fell 0.32% in February, erasing January's small gain and leaving the benchmark down 0.22% through two months of 2013. The losses were broad-based, with only one of IndexIQ's six beta strategy indices in positive territory last month.

That strategy was fixed-income arbitrage, which rose 1.01% (1.48% year-to-date). At the other end of the spectrum, emerging markets fell 1.34% (down 2.01% YTD).

The IQ Event-Driven Beta Index lost 0.82% in February (down 0.91% YTD), the market-neutral index fell 0.36% (down 0.02% YTD), the global macro index 0.35% (down 1.53% YTD) and the long/short index 0.06% (up 1.71% YTD).


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note