We have too few observations for April 2023 to report anything of value in comparison to our prior ‘Flash Report‘, although it seems like CTAs lost money in the last few days of the month, after briefly flirting with new highs. So, we will utilize this space to describe recent trends and developments in the NilssonHedge database.

The number of new manager inputs that are being added to the Database remains at the same pace as in the prior year, between 1,000 and 1,250 new returns sources per year. As per usual, most of our growth happens in the CTA and Crypto segment, where we have lower coverage of the traditional hedge fund strategies. In particular, Equity Long/Short is a segment that has grown at a higher rate than in earlier years, perhaps reflecting the results and investor interest within that segment.

To demonstrate the growth of the database, the charts above show the increasing data points collected and the number of unique return estimates. We are rapidly heading towards 15,000 unique input sources and more than 550,000 unique return estimates. We also have a large daily return set, including position-based data for a number of strategies. 

So, what can you do with this data source? 

• Benchmarking – Our benchmarking reports offer quick screening possibilities and arguments that can strengthen the case for a particular manager.
• Indices – NilssonHedge maintains a large set of both specialized and generic hedge fund indices. These are free to use and available for download via the Member’s Library.
• Dispersion – Is your performance above or below the average manager?
• Market Intelligence – The NilssonReport offers quick insights into industry performance.
• Hedge Fund Exposures – We track correlation and implied market exposure for our main daily indices.
• The Hit List – Crude ranking, based on absolute performance, across a large set of managers.
• And of course our main database.

Thanks for reading our public service announcement. If you would like to add your strategy to our database, please follow this link.