Index designed to measure performance of women-managed hedge funds that meet certain rules-based criteria.
Santa Monica, Calif., February 2, 2021 – Wilshire today announced the launch of a new Powered by Wilshire℠ index, the Hypatia Women Hedge Fund Index. Created and owned by Hypatia Capital, calculated and maintained by Wilshire, the index is designed to measure performance of women managed hedge funds that meet certain criteria, selected from a universe of hedge funds compiled by Hypatia Capital Management LLC, sourced from publicly available information, industry associations and industry contacts.
The Hypatia Women Hedge Fund Index eligible universe focuses on a limited set of criteria, including a minimum $100 million in assets undermanagement and a rules-based operational due diligence filter. The aim is to periodically add constituents to encompass all qualifying funds.
“Wilshire proudly supports the creation of an index of hedge funds managed by women that combines our construction and calculation expertise with Hypatia Capital’s rules-based approach to measuring performance in an area of increasing interest in the industry,” said Jason Schwarz, president and chief operating officer of Wilshire. “We remain committed to a powered by Wilshire approach that helps clients bring new, innovative and in this case, high social impact index strategies to market quickly,” Schwarz added.
“Investors are increasingly interested in the research that highlights the outperformance of female asset managers in several asset classes. We are excited to launch the Hypatia Women Hedge Fund Index to continue sponsorship of women in leadership and highlight successful women hedge fund managers,” said Patricia Lizarraga, founder and managing partner of Hypatia Capital.
For more information about the Hypatia Women Hedge Fund Index, please visit https://wilshire.com/indexes/poweredbywilshire/hypatia-women-hedge-fund-index.
Please visit www.hypatiacapital.com for more information.
The index outperformed a -0.82% monthly return for the HFRX Global Hedge Fund Index
Wilshire estimates 0.6 percentage point increase in aggregate funded ratio for U.S. corporate pension plans in October.
Wilshire has been applying highly tested theories and approaches to our client solutions since 1981.
You can count on our team of experts to help improve investment outcomes for a better future.