Thursday, 29 January 2015
Last updated 7 hours ago
Aug 5 2013 | 11:28am ET
Hedge funds made gains in July, according to a suite of industry replication indices.
IndexIQ's IQ Hedge Composite Beta Index added 2.04% last month, bringing it back into the black for the year at 0.14%. Long/short and event-driven were the primary drivers of the gains, with the former up 2.99% in July (3.9% year-to-date) and the latter 2.89% (0.05% YTD).
The Global Macro Beta Index returned 2.25% last month (down 1.5% YTD), market-neutral 1.88% (0.87% YTD), fixed-income arbitrage 1.32% (2.56% YTD) and emerging markets 0.9% (down 5.06% YTD).
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…