Dow Jones Indexes and Credit Suisse haverolled out the Dow Jones Credit Suisse Core Hedge Fund Index. The index will use multiple managed account platforms to track the liquid, investable hedge fund universe.
The index is Ucits III compliant and comprises 40 component funds diversified across seven style-based sectors, including event driven, long/short equity and global macro. It employs an objective, fully transparent selection process with all index constituents required to offer daily valuations and weekly, or better, liquidity to be considered for inclusion in the index.
Click here for the release from PR Newswire.