Bringing you live news and features since 2006 

Salvatore Bruno, IndexIQ

All six IndexIQ IQ Hedge indexes in positive territory in September

RELATED TOPICS​

All six of IndexIQ’s IQ Hedge Indexes recorded positive performance in September.

Returns were led by the IQ Hedge Long/Short Index, up 1.18 per cent for the month, followed by the IQ Merger Arbitrage Index, which returned 1.10 per cent in the period. The IQ Hedge Long/Short Index is also the top performing index in this family on a year to date (YTD) basis, up 11.02 per cent for the year through September.
 
“Global markets turned in strong performance in September with domestic indices lagging behind international,” says Salvatore Bruno (pictured), IndexIQ’s Chief Investment Officer. “Earlier in the month, a string of natural disasters caused mixed results in the markets and led to a Hurricane Harvey relief package that also included a deal with Congress to raise the debt ceiling and keep the government funded through December. The Fed officially announced its balance sheet reduction efforts, and the expectation of one more rate hike in December jumped, along with the possibility of three more hikes in 2018. The month closed out with tax reform dominating the headlines and while some within the administration believe tax reform can be passed in 2017, markets remained relatively stable as this has already been priced in.”
 
Designed as investable benchmarks that replicate the performance characteristics of sophisticated hedge fund strategies, the IQ Hedge Indexes comprise the first family of investable benchmark indexes covering hedge fund replication/alternative beta strategies.  

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
ETFs
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by