Monday, 6 July 2015
Last updated 6 min 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).
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…