
Dow Jones Hedge Fund Indexes Resumes Publication |
Date: Wednesday, March 4, 2009
Author: Dow Jones Indexes
Dow Jones Hedge Fund Indexes Resumes Publication of Equity Market Neutral and Equity Long/Short Strategy Benchmarks
Dow Jones Hedge Fund Indexes, Inc. (DJHFI) today announced that it has resumed publication as of today of the Dow Jones Hedge Fund Equity Long/Short and Equity Market Neutral Strategy Benchmarks.
Both Benchmarks were halted on November 3, 2008, based on a joint decision made by DJHFI and the investment manager of the managed account platform that supports the Dow Jones Hedge Fund Strategy Benchmarks. The halt was a result of temporary measures taken by the investment manager to reduce the risk profiles of certain managers who manage assets within this investment platform. The investment manager has determined these temporary measures are no longer necessary. Those measures have diminished, allowing managers to resume their respective strategies.
DJHFI will
publish the price history of these two benchmarks, for the period
between the halt and resumption of publication, based on the actual
performance of the portfolios, which will reflect the temporarily
reduced investment exposure of the portfolios.
Launched in November 2003, the Dow Jones Hedge Fund Strategy Benchmarks measure individual hedge fund strategies, including Equity Market Neutral, Convertible Arbitrage (currently suspended), Distressed Securities, Merger Arbitrage, Event Driven and Equity Long/Short(i). DJHFI provides style-pure, hedge fund strategy indexes that exhibit highly correlated component returns. The methodologies and components underlying the Dow Jones Hedge Fund Strategy Benchmarks are available on the Dow Jones Hedge Fund Indexes Web site at www.djhedgefundindexes.com.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com
The Dow Jones & Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4578
(i) The Dow Jones Hedge Fund Equity Long/Short Benchmark was launched in October 2004.
CONTACT: Dow Jones Indexes/STOXX press offices
New York
+1-212-597-5720
Frankfurt
+49-69-29725-290
Hong Kong
+852-800-969-336
Singapore
+65-6-4154-299
Reproduction in whole or in part without permission is prohibited.