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

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note