IndexIQ said IQ Hedge Multi-Strategy SMA is a solution designed to outperform the broad equity markets and the global hedge fund universe with less volatility.
Fortigent co-founder and senior managing director of investment research & strategy Scott Welch said one of Fortigent’s core service offerings is to support advisors in employing effective and innovative alternative investments as they build and manage globally diversified portfolios.
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"They believe IndexIQ’s IQ Hedge solution should be considered by their clients navigating the still-nascent but rapidly growing liquid alternative investment space," added Welch.
IndexIQ CEO Adam Patti said their fundamental value proposition is to offer financial advisors and investors a transparent, liquid, low cost set of alternative investment products and, particularly within the context of today’s very uncertain economic and market conditions, that value proposition is resonating," added Patti.
