IndexIQ Teams with Rocaton To Develop Alternatives

IndexIQ, a developer of index-based alternative investments, has partnered with institutional consultant Rocaton Investment Advisors.

As part of the relationship, the members of Rocaton have made a minority investment in IndexIQ, according to an announcement.

In developing its suite of products, IndexIQ works closely with its Academic Board, which is led by Robert Whitelaw, Chairman of the Finance Department at NYU’s Stern School of Business and Chief Investment Strategist at IndexIQ, and also includes Donald Chance of LSU, Ludwig Chincarini of Pomona College, and Hany Shawky of the Center for Institutional Investment Management at the School of Business at the University of Albany, the announcement said.