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Six out of seven IndexIQ hedge fund indices positive in July

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IndexIQ, a developer of index-based alternative investment solutions, has reported positive performance for six out of seven of its proprietary family of hedge fund replication and alternative beta indices.

The IQ Hedge Global Macro Beta Index was the strongest performer in July, rising by 3.28 per cent.

This was followed by the IQ Hedge Event-Driven Beta Index, which was up 2.14 per cent.

The IQ Hedge Long/Short Beta Index rose 1.31 per cent, the IQ Hedge Emerging Markets Beta Index was up 0.56 per cent, the IQ Hedge Fixed Income Arbitrage Beta Index rose 0.84 per cent and the IQ Hedge Composite Beta Index increased by 1.34 per cent.

Meanwhile, the IQ Hedge Market Neutral Beta Index fell by 0.07 per cent.

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