Unlimited Launches New “Hedge Fund Barometer” to Track Performance and Positioning of the Global Hedge Fund Industry
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Unlimited, an investment firm and ETF sponsor that uses proprietary technology to provide low-cost alternative strategies to a wide variety of investors, today announced the launch of “The Unlimited Hedge Fund Barometer,” a new quarterly report and data analysis tool that harnesses Unlimited’s technology to provide a near-real time picture of where hedge funds are investing.
- Unlimited’s Barometer uses powerful machine learning technology and multiple data sources to track performance metrics for the major hedge fund strategies.
- It also provides a near-real time view into how hedge funds are positioned across major asset classes, industry sectors and geographies.
- “Our new Barometer aims to give market participants a more comprehensive and current picture of the hedge fund industry,” said Bob Elliott , CEO and CIO of Unlimited.
- In this quarter, hedge funds:
Significantly increased their bets on U.S. equities, with financials and homebuilders experiencing the most bullish sentiment.