Designed to reflect the performance of the largest and most liquid funds in the hedge fund industry.
Broadly constructed indices designed to capture the breadth of hedge fund performance trends across all strategies and regions.
Indices utilizing a rigorous quantitative selection process to represent the broader hedge fund universe.
Designed to track performance trends across a variety of ESG strategies.
Designed to reflect the performance of liquid alternative investment strategies compliant with established UCITS guidelines.
Performance benchmarks comprised of alternative investment strategies compliant with established UCITS guidelines.
Indices are comprised of hedge funds investing in cryptocurrency and distributed ledger technologies.
The Investor Guidebook is designed to offer a comprehensive overview of the investable HFRI 500 Indices.
Review the characteristics that differentiate the various HFR Index families.
Learn more about our HFR Index Direct licensing program.
HFR is an ESMA Registered Benchmark Administrator.
Access our detailed database of thousands of hedge funds, fund of funds and managed futures investment products. Research Alternative UCITS funds and U.S. Liquid Alternatives. Analyze HFR Index constituents
Research HFRI® Indices constituents using powerful data visualization technology.
Conduct long term studies on liquidated and non-reporting hedge funds. The HFR Dead Funds Database is the essential guide to over 21,000 alternative investment products that have liquidated or otherwise ceased reporting.
Access our detailed database of leading institutional investors in the hedge fund industry. Research endowments, foundations, pensions, wealth management firms and beyond.
Already have an account? Follow the link below to log into HFRDatabase.com
An essential guide for institutional investors and alternative asset managers, the HFR Global Hedge Fund Industry Report provides detailed information on current hedge fund trends and historical data.
HFR Market Microstructure Hedge Fund Industry Reports provide an extensive and sophisticated cross-sectional analysis of the hedge fund industry.
Covering one of the fastest growing areas of the hedge fund industry, the HFR Asian Hedge Fund Industry Report provides exceptional region-specific analysis.
Resourceful investment managers watch for rewarding opportunities in emerging markets. This HFR Industry Report provides analysis of the world of emerging market hedge funds.
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.
This bundled subscription of our most popular research publications will keep you on top of significant developments in the hedge fund industry.
Research HFRI Indices constituents using powerful data visualization technology.
Already have an account? Follow the link below to log into HFRDatabase.com
HFR provides investment professionals with timely, comprehensive, and customized views of their investments
Global financial markets posted mixed performance in May, as many countries & economies began to emerge from the pandemic quarantine and inflationary pressures began to arise. Global equity markets were also mixed with gains in large cap and Energy sectors offset by weakness in Technology; European and Asian equities also gained. US interest rates were basically unchanged while inflationary pressures increased, the US dollar declined. Energy & Metals commodity gains were led by Gold, Silver and Oil. Hedge Funds and Risk Premia indices posted gains with the HFRX Global Hedge Fund Index gaining +0.38% and the HFRX Market Directional Index gaining +1.60% for May.
HFRX Equity Hedge Index posted a gain of +0.85% for May, from gains in Fundamental Growth and Value strategies. The HFRX Fundamental Growth Index posted a gain of +1.35% from gains from exposure to Emerging Markets which were partially offset by declines in mid-cap US equities. The HFRX Fundamental Value Index gained +0.61% from gains in exposure to large-cap US & Global equities. The HFRX Market Neutral Index gained +0.28% for the month from mixed performance in mean reverting, factor-based strategies and fundamental managers.
HFRX Event Driven Index was basically unchanged for May, with gains in Merger Arbitrage managers which were offset by Special Situations equity strategies. The HFRX Merger Arbitrage Index gained +0.40% as activity in global M&A deals continued during the period. The HFRX Special Situations Index posted a narrow decline of -0.04% from mixed performance in exposure to Global and Asian catalyst-driven, fundamental value equities.
HFRX Macro/CTA Index posted a gain of +0.53% for May, from gains in Systematic trend-following managers. The HFRX Macro Systematic/CTA Index posted a gain of +1.11% as the US Dollar declined against most major currencies and commodities posted gains across Energy, Metals while Agriculturals were mixed. Macro Discretionary managers posted mixed performance from exposure to opportunistic Fixed-Income and global multi-asset strategies.
HFRX Relative Value Arbitrage Index posted a gain of +0.14% for May from gains in Multi-Strategy managers. The HFRX RV: Multi-Strategy Index posted a gain of +0.16% for the month as US yields were basically unchanged while European yields were mixed during the month. The HFRX Convertible Arbitrage Index posted a narrow decline of -0.08% as volatility remained low during the period.
Comments reference performance figures as of May 31, 2021