New York Life buys IndexIQ to expand liquid alts offering, add hedge fund ETFs

... adding funds from firms such as Cornerstone Capital Management and Marketfield Asset Management. The purchase of Rye Brook, N.Y.-based IndexIQ adds $1.5 billion in assets under management, according to a statement Thursday from the buyer. That ...



via Rye Brook Newswire http://ift.tt/1yjiIFJ