IndexIQ, a developer of index-based alternative investment solutions, has reported the performance of its proprietary family of hedge fund replication and alternative beta indexes. The IQ Hedge Global Macro Beta Index reported returns of 4.9% year-to-date (YTD), while the IQ Hedge Long/Short Beta Index posted 1.31% YTD returns.
IndexIQ’s other indexes, including the IQ Hedge Market Neutral Beta Index posted 0.97% YTD returns, while the IQ Hedge Emerging Markets Beta Index returned 1.19% YTD. The IQ Hedge benchmark indexes, which replicate the performance characteristics of sophisticated hedge fund strategies, were originally launched on March 30, 2007.
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