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IndexIQ hedge fund indexes jump in December

Wednesday, January 18, 2017
Opalesque Industry Update - IndexIQ, the leading provider of innovative investment solutions, announced the December performance of its family of IQ Hedge™ Indexes and the updated holdings in the firm's IQ Merger Arbitrage ETF.

Five of the six IndexIQ Hedge Indexes were up strongly for the month, led by a rise of +1.72 percent in the IQ hedge Long/Short Index (+5.98% for the year), as markets rallied heading into the end of the year. The lone decliner for the period was the IQ Hedge Global Macro Index, down -0.11 percent (+2.12% for the year) .

"The markets started to behave more rationally in December, as the surge following the election of Donald Trump gave way to a less emotional assessment of the prospects for interest rates and the economy over the coming year," said Salvatore Bruno, IndexIQ's Chief Investment Officer. "The results were broadly positive for hedge funds, with most of the indexes showing strong returns for the period."

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.

press release

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Table of IQ Hedge Index returns for the period ended December 31, 2016, and updated holdings can be found here:

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