Tuesday, 9 February 2016
Last updated 13 hours ago
Oct 3 2013 | 9:02am ET
Hedge funds made gains in September, according to a suite of industry replication indexes.
IndexIQ's IQ Hedge Composite Beta Index was up 1.99% in September, putting it up 1.17% year to date.
All strategies tracked by the indexes posted gains last month, led by event-driven funds, which added 3.04% (1.85% YTD). Emerging markets strategies were up 2.40% on the month (but down 4.63% YTD). Market neutral strategies were up 2.29% on the month (2.49% YTD), long/short strategies were up 2.26% (5.57% YTD) and fixed-income arbitrage strategies were up 1.71% (3.83% YTD).
The IQ Hedge Global Macro Beta Index posted the lowest monthly gains, adding 0.24%, and is down 2.04% YTD.