WEST PALM BEACH, FL (www.hedgeco.net) – Hedge funds have increasingly reported their performance data in a bid to woo new hedge fund investors. Dow Jones reports that, Hedge Fund Research, theChicago based industry tracker recently said it now compiles performance data for more than 5000 hedge funds. Such data grew from about 4000 funds in 2004 to about 5000 in 2005.

HFR also said that Institutional investors like pension funds and endowments have been getting more active with hedge fund investments, being attracted to the industry by the hedge fund promise to deliver absolute returns regardless of market direction. With their huge investment assets, institutional managers have made an impact on the increased level of transparency now being provided by hedge funds.

A few years ago, hedge funds were viewed as mysterious investments appealing only to the world�s super affluent investors. Josh Rosenberg, president of HFR told Dow Jones, “With funds of funds and institutional investors playing an increasingly larger role in investing and distributing assets, fund managers are clearly recognizing the advantages of reporting performance and other fund information.�

HFR also noted that about $375 billion in investment assets are being controlled by the relatively newer hedge fund of funds vehicles, accounting for about one-third of all the total assets managed by hedge fund portfolios around the world.

HFR also tracks global hedge fund closures, the firm said since 2000, about 1,200 hedge fund managers have folded their doors, and through the second quarter of 2005, about 320 hedge fund managers have closed.

Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: Editor@hedgeco.net

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