Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at

News Archive

Read More Industry News >

Hans Hufschmid Launches HF Industry Tracker Fund

Jan 13, 2014
Jing Chen

The former London co-head at Long-Term Capital Management is launching the first hedge fund industry tracker fund.

Financial Times reported that Hans Hufschmid’s New York-based Altß aims to build a portfolio of investment designed to imitate the broad fund universe, with higher weightings for common hedge fund strategies, such as long/short equity.

Altß believes it can replicate the hedge fund industry by examining correlations between funds with similar strategies, across a database of 10,000 funds, while screening out poorly run funds that are likely to underperform.

The fund has begun investing $100m in capital has completed its first two rounds of investments.

Along with Hufschmid, Altß was founded by several other former GlobeOp executives.



Read More Industry News >

Want to subscribe?

Join 15,000+ of your colleagues to receive daily hedge fund news from the definitive source in traditional and hedge fund data.

Subscribe Now

Hedge Fund Journal Reviews eVestment's Hedge Fund Database

July, 2012

Read More