Sunday, 25 January 2015
Last updated 2 days ago
Mar 6 2014 | 11:44am ET
Hedge funds bounced back from January losses last month, posting gains across all strategies, according to IndexIQ.
The firm’s beta replication indices rose in February, albeit by less than the Standard & Poor’s 500 Index. The IQ Hedge Composite Beta Index added 1.95% last month and is up 1.51% on the year.
Event-driven was the best strategy tracked by IndexIQ on the month, adding 3.13% (1.69% year-to-date). Long/short rose 2.16% (0.44% YTD), emerging markets 1.75% (down 0.47% YTD), fixed-income arbitrage and market neutral 1.58% (3.44% and 0.87% YTD, respectively), and global macro 1.54% (3.1% YTD).
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…