MSCI, provider of equity, fixed income and hedge fund indices and Lyxor Asset Management have teamed up to bring the MSCI Hedge Fund Index to the marketplace this summer.
The index will consist of a sample of hedge fund strategies and contain funds with weekly liquidity. The index will be constructed by MSCI, using eligible funds from the Lyxor platform. Lyxor will be responsible selecting and conducting due diligence on the funds, monitoring the investment mandate of each manager and providing valuations on individual funds. The Index will be a new index, separate from the existing MSCI Hedge Fund Indicies and Fund database.