Friday, 26 December 2014
Last updated 2 days ago
Jul 8 2013 | 10:16am ET
Hedge funds took a hit in June, according to an industry replication index.
IndexIQ's IQ Hedge Composite Beta Index fell 1.97% last month, erasing its year-to-date gains and leaving it down 1.86% on the year.
In addition, all six of IndexIQ's hedge fund strategy benchmarks lost ground on the month. Event-driven was hardest-hit, dropping 2.93% (down 2.76% year-to-date), followed by emerging markets (down 2.44% in June, down 5.91% YTD) and long/short (down 2.14%, up 0.88% YTD).
Fixed-income arbitrage dropped 1.76% on the month (up 1.23% YTD), global macro 1.42% (down 3.66% YTD) and market-neutral 1.17% (down 0.99% YTD).
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.