Brokerage Unveils Hedge Fund Index

Oct 3 2012 | 10:59am ET

Hedge fund platform and brokerage firm EXANTE has launched an index tracking the 20 best-performing hedge fund firms that it services.

EXANTE's eponymous hedge fund index draws from the firm's automated trading platform. While it currently includes funds managed by only 20 firms, EXANTE said the new benchmark is well-diversified by strategy and geography, with both offshore and onshore funds managed from the U.S., U.K., Switzerland, Germany and Canada.

The index rose 1.4% in July, its first official month, and 0.2% in August. Over the past two years, the benchmark is up 36.4%.

According to EXANTE, the difference between its product and its competitors is the due-diligence done on each manager before they can be considered for the index. That helps ensure the accuracy of the performance data, the firm said.

"It is more important to have reliable and audited data in the index rather than having an index comprised of hundreds of funds and CTAs without any external due diligence," Gatis Eglitis, EXANTE's managing partner, said. "The EXANTE Hedge Fund Index includes data which is properly audited and therefore reflects precise industry growth."


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note