All six of MV Index Solutions’ (MVIS) investable long/short equity indices recorded negative performance in October.
The MVIS Western Europe Long/Short Equity Index was the month’s biggest loser, down 2.60 per cent.
This was followed by the MVIS Emerging Markets Long/Short Equity Index (-1.51 per cent), the MVIS Global Event Long/Short Equity Index (-1.36 per cent), the MVIS North America Long/Short Equity Index (-0.55 per cent), the MVIS Global Long/Short Equity Index (-0.44 per cent), and the MVIS Asia (Developed) Long/Short Equity Index (-0.07 per cent).
Each index is constructed using transparent, liquid ETFs and US Treasury securities to produce hedge fund-style returns without hedge fund pricing, opaqueness and redemption restrictions.
MVIS currently offers four regional and two global long/short equity strategies.