The suite of 150 hedge fund indices is available
at www.eurekahedge.com/indices and on Bloomberg
at HDGE. Key tools include a graphing function,
fully downloadable performance history, benchmarking
against equity indices, and downloadable risk
and return statistics.
Reasons for the launch of so many indices have
been driven by demand from our single and multi-manager
clients looking to benchmark against a relevant
index that more closely mirrors their regional
and strategic mandates, and also demand by investors
to ensure their managers are outperforming a "bucket"
of their peers.
Also we felt that while the hedge fund industry
is technically an absolute return industry, the
demand for relative evaluation is strong and currently
available hedge fund indices, though useful in
providing a rough overview of the performance
of the hedge fund universe, were not accurately
reflecting the aggregated performance of each
identifiable geographical and strategic hedge
fund theatre and, therefore, were not appropriate
for individual managers to use as a relative benchmark
in presentations and monthly reports.
This service is free and no registration is required.
for more details and we welcome all feedback and