IndexIQ unveils first ETF tracking global macro and emerging market strategies

IndexIQ has launched the first ETF designed to replicate the risk and return profiles of global macro and emerging markets hedge fund strategies. The IQ Hedge Macro Tracker ETF is based on the IQ Hedge Macro Index. Typically, global macro hedge fund strategies seek investment opportunities across the globe and implement a top-down approach to highlight market inefficiencies and dislocations. These strategies tend to invest in a range of instruments and asset classes, such as stocks, bonds, commodities and currencies. Emerging markets strategies tend to seek investment opportunit...