Monday, 29 June 2015
Last updated 23 min ago
Feb 6 2014 | 11:50am ET
Hedge funds fell slightly to open 2014, according to a suite of industry replication indices.
IndexIQ's IQ Hedge Composite Beta Index edged down 0.44% in January, as four of the six hedge fund strategies tracked by the benchmark lost ground. Emerging markets fell 2.18%, long/short fell 1.68%, event-driven fell 1.39% and market-neutral 0.7%.
On the bright side, no strategy fared as badly as the broader markets, with the Standard & Poor's 500 Index—which trounced hedge funds last year—falling 3.5% on the month.
IndexIQ's fixed-income arbitrage and global macro indices posted gains in January, with the former up 1.83% and the latter 1.54%.
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…