Rating agency Standard Poor's has announced the launch of the SP Hedge Fund Index and three style sub-indices. The SP Hedge Fund Index is designed to be investable and representative of the broad-based investment experience of the hedge fund marketplace.
The calculation of daily values for the index and sub-indices provides a new level of transparency in hedge fund investing and enables investors to track the impact of specific market events on the hedge fund asset class as a whole, or on the three broad style categories tracked by the sub-indices. Standard Poor's makes this data available to all investors through its website www.spglobal.com. SP Hedge Fund Index data will also...
