IndexIQ: Hedge Funds Up 2% In July

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).

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...