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IndexIQ Rings the Opening Bell® at the New York Stock Exchange

NEW YORK--(BUSINESS WIRE)--IndexIQ, a leading developer of liquid alternative investment solutions, today marked the completion of its acquisition by New York Life Investment Management (NYLIM), [the third party global asset management business of New York Life,] and the recent launch of two new Exchange Traded Funds (ETFs) – the IQ Hedge Long/Short Tracker ETF (NYSE Arca: QLS) and the IQ Hedge Event-Driven Tracker ETF (NYSE Arca: QED) – by ringing The Opening Bell® at the New York Stock Exchange.