The race to replicate

Hedge fund replication


Hedge fund replication indexes have experienced a baptism of fire over the past few months. The relatively new products, most of which only began trading in the first half of this year, found themselves thrust into the worst period of market volatility since the near-collapse of Long-Term Capital Management in 1998.

Replication products are designed to match the beta returns of actively managed hedge funds through rules-based algorithms, but using only liquid cash and futures markets. Since these

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: