Marietta-based eVestment, a leading provider of institutional investment data and analytics, has entered into an agreement with Hedge Fund Research, Inc. (HFR) to offer HFR’s alternatives data and indices to clients of eVestment’s suite of Analytic solutions for institutional investors.
“Fundspire and PerTrac (acquired by eVestment in 2012) both had data relationships with HFR previously” states Jim Minnick, Founder and CEO of eVestment. “This agreement formalizes our ability to offer HFR data and indices across all analytics solutions from eVestment. This makes it easier for clients to move from one solution to another without worrying about data consistency.”
“HFR is pleased to offer the HFR Database and HFR Indices within an industry-leading suite of software platforms available from eVestment,” stated Scott J. Esser, Managing Director of HFR. “The continued presence of HFR within PerTrac and Fundspire, combined with the new availability of HFR data within all eVestment software platforms represents an exciting opportunity for both companies and our respective clients.”
eVestment Analytics users will be able to use both eVestment data and data from HFR to compare and analyze strategies for investment potential, monitoring or competitive research.