ETF Pioneer Joins New York Life’s Global Asset Management Business Amidst Tremendous ETF Industry Growth
“We are very pleased to welcome
“IndexIQ is a pioneer and true leader in the ETF industry and we look forward to leveraging their already robust ETF platform as a gateway for NYLIM and our boutiques to add new and innovative ETF solutions in the future,” added
“This is the ideal time for us to merge our robust ETF manufacturing capabilities and market-leading investment solutions with
IndexIQ Indexes underlie a variety of investment products globally including ETFs, mutual funds, and institutional accounts.
IndexIQ’s current offerings include:
IQ Hedge Multi-Strategy Plus Fund(IQHIX – I Share Class; IQHOX – A Share Class), the first open-end, no-load hedge fund replication mutual fund; IQ Hedge Multi-Strategy Tracker ETF(NYSE Arca: QAI), the first US-listed hedge fund replication ETF; IQ Hedge Market Neutral Tracker ETF(NYSE Arca: QMN), providing exposure to the market neutral hedge fund universe; IQ Hedge Macro Tracker ETF(NYSE Arca: MCRO), the first Global Macro/Emerging Markets hedge fund replication ETF; IQ Hedge Long/Short Tracker ETF(NYSE Arca: QLS), the first ETF designed to mirror the collective returns of hedge funds that use a long/short equity investment style;
- IQ Merger Arbitrage ETF (NYSE Arca: MNA), the first merger arbitrage ETF;
IQ Real Return ETF(NYSE Arca: CPI), the first US-listed “real return” ETF, which seeks to generate a real return above the rate of inflation as measured by changes in the Consumer Price Index; IQ US Real Estate Small Cap ETF(NYSE Arca: ROOF), the first U.S. real estate small cap ETF; IQ Global Resources ETF(NYSE Arca: GRES), the first hedged global natural resources ETF; IQ Global Agribusiness Small Cap ETF(NYSE Arca: CROP), the first agribusiness small cap ETF; IQ Global Oil Small Cap ETF(NYSE Arca: IOIL), the first global oil small cap ETF; IQ Canada Small Cap ETF(NYSE Arca: CNDA), the first Canadasmall cap ETF; and IQ Australia Small Cap ETF(NYSE Arca: KROO), the first Australiasmall cap ETF.
*IndexIQ’s ETF holdings are available daily on IndexIQ’s website. Brokerage commissions apply to ETFs. ETFs are liquid in that they are exchange-traded.
**Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/16/14. For methodology, please see http://fortune.com/fortune500/.
***Individual independent rating agency commentary as of 3/26/15.
****New York Life Investments is a service mark used by
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1 Source: As of 3/31/15,