Hedge Fund Research, Inc. (HFR), a source of hedge fund information and performance data, is introducing the first index designed to track the volatility sector of the hedge fund universe.
The HFRX Volatility Index is designed to track the performance of the subset of hedge fund managers who trade volatility as an asset class.
“For the last several years, volatility has been low by historical standards, but recent events show how quickly that can change,” says Kenneth H. Heinz, President of HFR.
“The HFRX Volatility Index provides a window on that market for hedge funds seeking to track and take advantage of the asset class.”