Solactive launches hedge fund index
Index provider Solactive has launched the Solactive Hedge Fund Holdings US Index (HEDGEUS), to be used as underlying by Société Générale Corporate & Investment Banking (SG CIB) for swaps, options and certificates.
The index aims to provide exposure to the performance of a selection of stocks listed on a US regulated exchange and invested by hedge funds.
Henning Kahre (pictured), head of equity indexing at Solative comments: “We are pleased to have been given the opportunity to capitalize on our expertise and database of public filings from some of the most well-known investors. We continue to see a significant demand for hedge fund indices globally and, most recently, particularly from Europe.”
The selection is based on 13F Filings, publically available documents that all hedge funds with more than USD 100 million in U.S. equity investments are required to report to the SEC on a quarterly basis.