The emergence of investable hedge-fund benchmarks

Until recently, there has been a glaring absence of benchmark options in the hedge-fund space. In the past, hedge-fund investors have had only two options for benchmarking: theoretical indices from hedge-fund databases or “cash-plus” targets. Today, however, true benchmarks exist that can help hedge-fund investors evaluate active strategies and provide alternatives to an active approach. Join us Duncan Moir, Senior Investment Manager, Alternative Investment Strategies at ASI outlines the evolution of hedge-fund benchmarking and how today’s investors may stand to benefit.