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A new family of hedge fund indices is to be launched by Morgan Stanley Capital International, the index provider says. The MSCI Hedge Fund Indices, it says, will be designed to be the global standard for hedge fund performance measurement and the most comprehensive source of hedge fund data.
MSCI is linking up with London-based investment manager Financial Risk Management to develop the indices. FRM has created a database of 3,000 funds that will serve as the initial core of the indices, MSCI says.

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