Hedge Fund Research has announced the launch of 38 new HFRX indices, enhancing the existing offering with indices for new sub-strategies, geographic regions and specific countries. 
Hedge Fund Research has announced the launch of 38 new HFRX indices, enhancing the existing offering with indices for new sub-strategies, geographic regions and specific countries.
The launch brings the total number of HFRX indices to 65.
Hedge Fund Research uses a Ucits III compliant methodology to construct the HFRX indices.
The methodology is based on defined and predetermined rules and objective criteria to select and rebalance components to maximize representation of the hedge fund universe.
They are designed to be investable, offer full transparency, daily pricing and consistent fund selection, as well as stringent risk management and strict reporting standards.
Constituents of all indices are selected from an eligible pool of the more than 7,500 funds that report to the HFR database. The funds are screened for various reporting characteristics, asset and duration of track record qualities, unique fund strategy inclusion, and whether they are open to accepting new investment via a fully transparent format.
‘We have expanded and enhanced the HFRX indices in response to investor demand for greater transparency and for more granular points of reference on the hedge fund industry,’ says Kenneth Heinz, president of Hedge Fund Research (pictured).
