FRANCE - Credit Agricole has launched a new hedge fund analysis service targeted at institutional investors, pension funds and consultants.

The new casamhedge.com database, set up by the French financial services group's structured asset management arm (CASAM), allows users to compare hedge fund performance and background data.

The website gives access to the statistics collected for the indices of the Centre for International Securities and Derivatives Markets (CISDM), a non-profit academic research centre focusing on security and investment fund performance in the US and international asset markets.

A spokeswoman for the firm said: "The database provides comprehensive information on over 5,300 funds for pension funds considering investment in the hedge fund and CTA universe."

According to the firm, subscribers can view and analyse historical returns and qualitative information on hedge funds, funds of hedge funds, commodity trading advisers and commodity pool operators.

It added hedge fund managers can increase their exposures by listing their funds for free through an online uploading tool.

The spokeswoman told IPE there is a free trial running through the end of this year. Thereafter, CASAM charges an annual fee of $6000 (€4147).

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