Sunday, 1 February 2015
Last updated 1 day ago
May 7 2013 | 11:12am ET
Hedge funds posted modest gains in April, an industry replication index shows.
IndexIQ's IQ Hedge Composite Beta Index added 0.86% last month. The benchmark is up 1.18% on the year.
Five of the six IndexIQ strategies were in the black in April, led by event-driven, which rose 1.97% on the month (1.22% year-to-date). Market neutral added 1.43% (1.58% YTD), fixed-income arbitrage 1.23% (3.77% YTD), emerging markets 0.93% (down 1.61% YTD) and long/short 0.26% (3.38% YTD). Global macro fell 0.62% and is down 1.25% on the year.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…