NEW YORK (HedgeWorld.com)–Morgan Stanley Capital International launched a line of hedge fund indexes and a web-based hedge fund analytical tool.
MSCI will offer 90 different indexes that segregate the industry at four different levels: by strategy, investment process (which groups all strategies belonging to one investment process), investment process group (directional trading, relative value, security selection, specialist credit and multi-process) and composite (which combines all five process groups).
All four groupings will be offered in equal-weighted versions, while the process group and composite indexes also will be offered in asset-weighted versions. MSCI will have three indexes based on domiciles, onshore, offshore, and the two combined.
Currently, MSCI collects data for more than 750 hedge funds and includes more than 350 in its indexes. MSCI collects its hedge fund data directly from managers, according to an MSCI statement. They required managers to supply audited financial statements and offering documents for all funds where available.