Products September 15, 2004

Dow Jones to Add to Hedge Fund Indexes

September 15, 2004 (PLANSPONSOR.com) - Dow Jones Indexes will expand its indices offered by Dow Jones Hedge Fund Indexes.

Reported by

Fred Schneyer

Beginning in early October, Dow Jones will begin publishing the Dow Jones Hedge Fund Strategy Benchmark Equity Long/Short (US).

” The equity long-short strategy uses techniques such as short selling and derivatives, which aren’t available to traditional equity-based investment portfolios, in pursuit of supplemental sources of return,” said Ridgely Walters, president of Dow Jones Hedge Fund Indexes, in a news release.

The Dow Jones Hedge Fund Strategy Benchmarks measure individual hedge fund strategies. The five existing strategies are Equity Market Neutral, Convertible Arbitrage, Distressed Securities, Merger Arbitrage and Event Driven.