Some biases are easily remedied, others cannot be solved and are hard to quantify. You can drill down into this data to see key stats for each sub strategy. HFR launches a new family of indices designed to reflect the performance of alternative investment strategies compliant with established UCITS guidelines. hedge fund returns for six out of nine hedge fund styles but with low R-squared values ranging from 15.7% to 53.4%. HFRI® Broadly constructed indices designed to capture the breadth of hedge fund performance trends across all strategies and regions. Established in 1992, HFR specializes in the areas of indexation and analysis of hedge funds. The data is not sufficient, comprehensive enough or approved for use in connection with investment products or instruments. HFR Database. Let’s discuss some of these biases. Information contained herein is subject to change at any time without notice. The poor performance of funds that delist appears to drive a wedge between investor experience and observable aggregate hedge fund performance. HFR®, HFRI®, HFRX®, HFRU®, HFRQ®, HFRL™, WWW.HEDGEFUNDRESEARCH.COM®, HEDGE FUND RESEARCH™, HFR IndexScope™, HFR Bank Systematic Risk Premia Indices℠ and HFR Risk Parity Indices™ are the trademarks of Hedge Fund Research, Inc. HFR Bank Systematic Risk Premia Commodity Value Index, Download HFR Risk Parity Indices Performance Data, Download HFR Blockchain Indices Performance Data, HFR Hedge Fund Strategy Classification System, HEDGE FUND LAUNCHES RISE AS INDUSTRY POSITIONS FOR GROWTH IN 2021, HEDGE FUNDS SURGE ON U.S. ELECTION RESULTS, VACCINE OPTIMISM. Hedge Fund Research, Inc. does not sponsor, endorse, sell, promote or manage any investment products. Before drawing conclusions about fund performance, we form an aggregate database by exploiting all available information across and within seven commercial databases so that widest possible data coverage is obtained and the effect of data … Unsurpassed hedge fund coverage encompassing investors, funds, fund performance, fund terms, service providers, and much more. The hedge fund database Adding your fund to Bloomberg’s Hedge Fund Database enables you to gain visibility to credible investors. Click on the strategy you are interested in and you can then click through further into any sub strategy of interest. Our hedge fund portal includes hedge fund daily breaking news, alternative investment news, conference details, a service provider directory, hedge fund software, frequently asked questions and many more hedge fund specific features and educational resources. These biases can arise for a number of reasons. § Estimated performance for November 2020 calculated with reported data from 122 funds. Commonly used hedge fund databases suffer problems of bias, missing data and limitations in identifying correlations between factors such as age and size of funds and their performances, according to academic research from the UK and Finland. Industry insiders utilize our full set of HFR Industry Reports to gain a detailed picture of current trends and a historical perspective of the hedge fund industry. And more. HFR is a global leader in the alternative investment industry specializing in the areas of indexation and analysis of hedge funds. Liquid Alternatives. Screen through a growing database of more than 3,000 hedge funds … Self-selection: The inclusion in a hedge fund database is voluntary and the hedge fund managers can choose to include themselves or not to. Click on the strategy you are interested in and you can then click through further into any sub strategy of interest. hbspt.cta._relativeUrls=true;hbspt.cta.load(2614350, '5aa47790-31ec-4bc7-bf3d-2ef85c3d41ef', {}); Unlock all premium search and analysis features in FundFinder Pro, Comprehensive 8-page fact sheets for each fund, View equity holdings of SEC registered hedge fund managers and compare sector allocations to industry averages and between managers, Contact details for up to two principals on each reporting fund, Expanded contact information - Up to 5-key decision makers for all reporting funds, Separate Contacts tab allows you to easily construct a contact marketing mailing list. You can report to Exposure represented by an index is available through instruments based on that index. We demonstrate that more pronounce data biases related to hedge fund coverage and AuM reporting explain why we observe non-randomly different performance results across commercial databases. Key principal contact information, email addresses, bios, Fees, minimum investment, accepted investor types, redemptions, lock-up periods and more, Monthly performance and AUMs, performance and volatility targets, Primary, secondary and tertiary strategy categories, markets traded, geographical exposure, Use of leverage and options, long/short exposure, primary and secondary benchmarks, fund service providers, last audit and K1 status, Portfolio holdings broken out by average percentage allocation, Reported directly from the source, hand-checked for accuracy and anomalies. Established in 1992, HFR specializes in the areas of indexation and analysis of hedge funds. A hedge fund index tracks hedge fund performance and helps managers and investors create appropriate strategies. Refreshed daily, our Hedge Fund Database delivers the latest intelligence on the funds that match your precise investment goals. The index is simply the arithmetic average of the net returns of all the funds that have reported that month. This paper proposes a novel database merging approach and re-examines the fundamental questions regarding hedge fund performance. This paper proposes a novel database merging approach and re-examines the fundamental questions regarding hedge fund performance. Abstract. Already have an account? bad performance,hedge funds disappear from a database because the fund is liq-uidated, is closed to new investments, or the manager voluntarily decides to stop reporting. Follow the link below to log into HFRDatabase.com. Ofthese reasons,liquidationis therelevanteventrelatedto theissue of survival. Quantitative performance data on over 7,500 actively reporting Hedge funds and Funds of Hedge Funds. We also leverage thousands of sources every day, including regulatory filings, press releases, news, and websites, so you never miss out on new information. A successful hedge fund database is supported by three key components and Hedge Fund Research (HFR) has been able to excel at all three. © 2021 Hedge Fund Research, Inc. - All rights reserved. 3Q 2020 marks the first quarter of net asset inflows since 1Q 2018. This paper proposes a novel database merging approach and re-examines the fundamental questions regarding hedge fund performance. Research Alternative UCITS funds and U.S. Global Hedge Fund Database Go global with the most accurate, comprehensive data in the industry — 7,091 hedge funds, funds of funds, UCITS funds, 40 Act funds and CTAs, all refreshed daily. Designed to reflect the performance of the largest and most liquid funds in the hedge fund industry. Tending to be static and single-database oriented, existing models for correcting performance measurement biases are unable to detect potential data errors arising from (1) hedge funds that migrate from one database vendor to another and (2) merged databases. Designed to reflect the performance of the universe of investible risk premia strategies. Quantitative performance data on over 7,500 actively reporting Hedge funds and Funds of Hedge Funds. Hedge fund performance by strategy – November 2020 (asset weighted). HedgeCo.Net is the leading free hedge fund database with information on more than 7,500 hedge funds. Institutional investors and investment consultants utilize HFR Database to expand their access to manager Institutional investors from around the world look to HFR for unbiased quantitative data on fund managers employing sophisticated investment strategies. HFR sees each of these product sets as part of a larger, homogenous language for tracking and analysing hedge fund performance. The Barclay Hedge Fund Index is a measure of the average return of all hedge funds (excepting Funds of Funds) in the Barclay database. Analyze HFR Index constituents. You require a written license from HFR to use the HFR data, HFR marks and names and/or HFR Index names, including but not limited to use in connection with investment products and instruments (regardless of whether such products or instruments are based on, linked to or track an HFR Index), the name of investment products and instruments, in prospectuses, marketing and other materials publicly or commercially disseminated, benchmarking purposes, and any SEC, government or regulatory filings. Monthly indices designed to reflect the performance of the universe of risk parity managers in the industry. The empirical analysis scrutinizes the return patterns in … HFR Database is an organized and detailed dataset comprised of information from over 1,900 investment firms that report over 6,400 investment products to HFR. As a leading hedge fund database provider, we connect investors to top hedge funds in our databases and generate analytical reports for performance comparison. 700Chicago, IL 60606312.658.0955Contact Us, All data and content on the HFR website and in the HFR Database products are for your informational and personal use only. The Morningstar MSCI Composite Hedge Fund Index, an asset-weighted composite of nearly 1,000 hedge funds in the Morningstar Hedge Fund database, rose 1.2% in December and advanced 6.0% for the year. While Fung & Hsieh (1997) were primarily interested in identifying the hedge funds styles, the study by Brown et al. The quality of the hedge fund databases you use can make a big difference in the success of your investment or business marketing.. For more than 30 years, BarclayHedge has been the premier source of hedge fund data for tier one banks, brokers, asset allocators, institutional firms, investment platforms, researchers and more. South African fund of funds in the HedgeNews Africa database had a solid December, with only seven funds failing to turn in a positive ... HedgeNews Africa Fund of Funds Composite delivers its lowest performance for the year ... South African hedge funds had a … Performance data on over 11,000 graveyard funds that have liquidated or stopped reporting. †Estimated performance for December 2020 calculated with reported data from 17 funds. This article summarizes the key return measurement biases in a simplified framework and alerts researchers to the types of dynamic biases that could occur as the industry consolidates. Review the characteristics that differentiate the various HFR Index families. Leverage the advanced analytics tools in FundFinder along with complete access to BarclayHedge research reports and exclusive articles for members only. As a result, reported returns can become a smoothed version of true realized returns and, thus, bias the evaluation of hedge fund performance. First, we document that hedge fund coverage differences across commercial databases impacts on stylised facts about hedge fund performance. We publish HEDGEFUND data, indexes and research. The database is designed for effective and efficient research usage by investors, managers or service providers. Covering one of the fastest growing areas of the hedge fund industry, the HFR Asian Hedge Fund Industry Report provides exceptional region-specific analysis. Well-known database suppliers of mutual fund data such as Morningstar do not offer a comparable service for hedge funds. Hedge fund performance by strategy – November 2020 (asset weighted). The HFM database is at the core of everything we do — up-to-date with most relevant, accurate and actionable data for hedge fund professionals. Designed to reflect the performance of liquid alternative investment strategies compliant with established UCITS guidelines. Join HFR's email contact list and receive performance updates for: HFRI Indices | HFRX Indices | HFRU Indices | HFR Risk Parity Indices. The hedge fund database Our timely and organized information on hedge funds is the foundation for robust research at institutional investors and investment consultants across the world. View recent articles. Nowadays, users can access a wide number of indices online. Membership services tailored to you and your firm’s needs Supporting a global community of hedge fund professionals, our memberships give you access to a wide range of exclusive news, research, analysis, performance data, investor profiles, events and networking … Big or small, whatever your strategic goals, wherever you are in the world — we’ve got the data you need.