Hedge Fund Replication Index Swings To Loss In August

Sep 5 2013 | 11:06am ET

Hedge funds fell into the red for the year with a down August, according to IndexIQ's hedge fund replication index.

The IQ Hedge Composite Beta Index is down 0.8% on the year after falling 0.94% last month. In addition, all six of IndexIQ's strategy indices lost ground on the month, led by emerging markets, down 1.9% (down 6.86% year-to-date) and event-driven, down 1.2% (down 1.15% YTD).

Global macro lost 0.79% (down 2.27% YTD), market-neutral 0.67% (up 0.2% YTD), long/short 0.63% (up 3.24% YTD) and fixed-income arbitrage 0.47% (up 2.08% YTD).


In Depth

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

 

From the current issue of

Business Insider has been reporting on the unusual trading activity of a mystery trader who placed a profitable short equity bet to the tune of $21 million on the Aug. 10 move in the CBOE Volatility Index (VIX).