Saturday, 10 October 2015
Last updated 18 hours ago
Feb 10 2009 | 12:05pm ET
Sometimes there is such a thing as a free lunch in the hedge fund world. HedgeACT has unveiled a new website to improve hedge fund transparency and communication between investors and fund managers by providing investors with free access to hundreds of data points and analytics for more than 7,500 hedge funds.
Additionally, hedge funds and hedge fund administrators will have the ability to augment Morningstar Inc.’s data with their own vetted information on fund performance, track record and other important investor criteria. HedgeAct has licensed the data from the Chicago research firm.
“As a former hedge fund executive, I know first-hand how important transparency is during the capital allocation process,” said Michael Griffin, founder and CEO of HedgeACT. “This is a difficult time for many hedge fund investors, and we think that giving them better information will make the entire analysis and allocation process much better for everyone involved.”
The “ACT” in HedgeACT.com refers to the site’s three key benefits for the hedge fund community, including analytics, capital introduction and transparency.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…