The Eurekahedge Long Only Absolute Return Fund Database is a database of globally-based and offshore-investing single managers. Long only absolute return funds, while not technically employing all hedge fund techniques such as directly shorting stocks, are very similar to hedge funds as they are skill-based managers who have a flexible investment mandate, an ability to hold cash, charge performance fees and target sophisticated and institutional investors.
The key contents of the Eurekahedge long only absolute return fund Database are:
12,461 North American funds, 4,122 Asian funds, 12,132 European funds, 846 Latin American funds and 4,085 emerging market funds
6,134 UCITS hedge funds, 2,967 commodity trading advisors and 241 insurance-linked securities hedge funds
There are over 7 funds with assets greater than US$1 billion managed by 2 distinct advisory companies
The audience for the Eurekahedge Long Only Absolute Return Fund Database are predominantly hedge fund investors such as pension funds, sovereign wealth funds, insurance companies, foundations, endowments, third party marketers and other capital raisers, family offices, funds of funds, managed account platforms, private banks, seeders and high net worth individuals.
2. Live funds are those that are presumed to be actively trading.
3. We consider long only absolute returns funds as a subset of long short equity with a long bias. They have an identical business structure to a long short funds but tend to charge slightly lower fees.
4. Please note we are referring to funds and not management companies. There are many more management companies that run more than US$1bn in alternative assets that do not have a single billion dollar fund.
Eurekahedge databases track over 91 qualitative and data points and 39 statistical measurements per fund, making it easier to analyse managers performances.
Eurekahedge provides access to the latest information you need for your investment decisions. 94% of all NAVs are updates by month-end.