NEW YORK (HedgeWorld.com)?Morgan Stanley Capital International will calculate 29 new sub-indexes for strategies, asset classes and geographies, bringing the total number of MSCI hedge fund indexes to more than 190 at different levels of aggregation.
Various metrics focused on small funds are among the new indexes, as are measures for currencies, global markets in Asia and different hedge fund strategies in European and North American markets. The firm expects to add several dozen more indexes by the end of this year.
?Clients using the MSCI hedge fund indexes and database will now be able to conduct peer group comparisons on an even more granular level, allowing them to understand the performance of various hedge fund strategies in a more organized and accurate manner,? MSCI Hedge Fund Research and Operations Chief Daniel Coker, said in a statement.
This database, launched in July 2002, has more than 1,600 funds. An investable version of the index was started in July 2003 .