|
|
Komfie Manalo, Opalesque Asia: Hedge funds strategies outperformed the equity markets in the first two
months of 2016 as M&A activities remain strong, said IndexIQ, a provider
of innovative investment solutions focused on absolute return, real
assets, and international strategies.
"The volatility that characterized 2015 and the start of 2016 continued
through the beginning of February but sentiment improved in the second
half of the month," said Adam Patti, CEO of IndexIQ in a statement. "Overall, our family of benchmark hedge
fund replication indexes was mostly positive for the month, led by our
IQ Merger Arbitrage Index, which returned 2.07 percent, while only the
IQ Hedge Long/Short Index finished February in negative territory."
IndexIQ chief investment officer Salvatore Bruno also noted that
performance of the IQ Hedge Multi-Strategy Index, the broadest-based
index in the IQ Hedge family, was ahead of the S&P 500 both during
February and year-to-date through February 29th. "One of our five main
themes for 2016 was our belief that many alternative strategies,
including those pursued by a number of hedge funds, could become more
attractive this year," said Bruno. "Performance thus far has borne that
out."
Designed as investable benchmarks that replicate the performance
characteristics of sophisticated h...................... To view our full article Click here
|
|
RSS
