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Article: S&P Hedge Fund Index Goes Live; Daily Values Available for Index and Sub-Indices.
- Article from:
- PR Newswire
- Article date:
- November 18, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Standard & Poor's, the independent financial research, ratings and indices leader, today announced the launch of the S&P Hedge Fund Index and the three style sub-indices. The S&P 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 ...