Kroll Bond Rating Agency (KBRA) has assigned BBB Issuer ratings to three multi-strategy hedge funds: Kensington Global Strategies Ltd (KGSF), Kensington Global Strategies Fund II (KGSF II), Ltd, and Citadel Wellington LLC (Wellington), and a BBB Senior Unsecured rating to
PivotalPath, a technology-driven hedge fund investment consultant, has launched Quality of Performance (PQP), a proprietary quantitative manager rating system across 1,300-plus hedge funds, located on its technology platform, PivotalBase. PQP systematically transforms existing quantitative insights into intuitive fund ratings
Alternative asset manager Steben & Company’s Steben Managed Futures Strategy Fund has achieved an overall and three-year period 4-Star Morningstar Rating for its Class I Shares (SKLIX) among 95 funds in the managed futures category based on risk-adjusted returns as
Northern Trust has enhanced its peer universe comparison capabilities with the addition of intelligence derived from eVestment universe data. The integration of eVestment’s universes expands clients’ access to a global array of more than 500 manager peer universes across six
The Direxion Indexed Commodity Strategy Fund (DXCTX) has received a 5-star Morningstar Rating as of 30 September 2016. The fund tracks the performance of the Auspice Broad Commodity Index, a quantitative long/flat index that can be exposed to up to
The Arbitrage Event-Driven Fund, which is advised by Water Island Capital, has been rated 5-Stars Overall out of 94 market neutral funds by Morningstar based on risk-adjusted returns performance. Morningstar’s Overall rating takes into account a fund’s risk, volatility and
AIMA and CAIA are proposing a new system to help reduce the complexity of current methods of risk ratings at investment dealer firms. The Associations have published guidelines on these methods in response to new regulations and consistent feedback from
