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With Intelligence launches the Eurekahedge Institutional 200 Index, a professional benchmark of large institutional absolute return funds for institutional investors

Tuesday, April 05, 2022
Opalesque Industry Update - With Intelligence, the data provider and global business information organization focused on the asset management industry, announced the launch of the Eurekahedge Institutional 200 Index (Bloomberg Ticker: EHFI687).

The Eurekahedge Institutional 200 Index was created to meet the need for a theoretical passive-methodology benchmark for large and institutional hedge fund allocators. The index is designed to address issues that large allocators face in the usage of hedge fund indices. Some of the issues faced in the usage of hedge fund indices include: fund suitability for institutional size requirements, stability in underlying constituents and strategy composition, transparency into underlying data and methodology, and biases in reporting, survivorship bias, instant history due to the self-reporting nature of such indices.

As a passive-methodology benchmark, a hypothetical index allocation to the Eurekahedge Institutional 200 Index would not require pre-requisite hedge fund expertise. The index constituents reflect the institutional investible universe to portray a passive and theoretically investable benchmark for large hedge fund portfolios, and are sufficiently stable such that compositional changes could be mostly achieved by a large allocator with unfettered access in the same timeframe in which they flow through index results.

Elias Latsis, Chief Data Officer of With Intelligence said, "Eurekahedge, part of With Intelligence, is proud to announce this new institutional grade benchmark, the Eurekahedge Institutional 200 Index. We have seen increased demand for an index that focuses on large hedge fund portfolios, whilst also addressing historical challenges faced with providing a stable and bias-adjusted benchmark. This index has been designed to address these challenges and provide a transparent index methodology and composition."

About the index

The Eurekahedge Institutional 200 Index (Bloomberg Ticker: EHFI687) is designed to report the return of 200 passively selected, large institutional absolute return funds. Index construction prioritises constituent quality, allocation stability, and the mitigation of selection and survivorship bias. The index is equally weighted and is rebalanced at the beginning of each year. It is base weighted at 100 on 31 December 2007, does not contain duplicate funds and is denominated in local currencies. The index's returns and values for the most recent 3 months shall remain provisional until all funds have reported their returns.

The names of the funds and the aggregate performance of the index will be publicly accessible on With Intelligence's Eurekahedge product. However, the performance of individual constituent funds will not be public. Only subscribers to With Intelligence's hedge fund database who are accredited, professional and/or qualified investors (as defined in the jurisdiction of the user) will be allowed to access the individual performance data used to create the indexes.

About With Intelligence

With Intelligence is an information exchange. We connect allocators and fund managers, across multiple asset classes, to the people and insight-enriched data they need to raise and allocate assets. Our investor powered data helps clients make smarter allocation decisions. Our events provide unique access to the investor communities. We enrich our data with stories, insight and intelligence, gained through long-standing and trusted relationships. With Intelligence is a global business information organization, focused on the asset management industry.

With over 450 people in seven offices across three continents, our global team of industry insiders, data scientists, analysts, reporters, technologists and developers bring a fresh perspective on asset raising and allocation. We attract and cultivate the brightest talent across the industry. From our beginnings in 1998 as a traditional B2B publisher, our integrated product portfolio of data, insight and events has grown to cover hedge funds, private equity, real estate, private debt, and traditional asset management, with more than 3,000 institutional customers worldwide. Our industry leading information and data products include: HFM; Eurekahedge; PCFI; REFI; Fundmap; Fund Intelligence; PMR; amongst others. Come visit us, whether you are an allocator, a fund manager, a service provider, or you're looking for an amazing career opportunity in the asset management industry, With Intelligence may have something for you. With Intelligence. Investor powered data for smarter allocation decisions.

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