Indices & Benchmarking

Hedge Fund Indices & Benchmarking for Institutional Allocators

Access a 500,000+ fund universe across Bloomberg, HFR, eVestment, Morningstar, Preqin and Pitchbook simultaneously. Build custom peer groups, run 4,000+ risk-adjusted statistics and benchmark any fund in the right context.

Data providers: Bloomberg eVestment HFR Morningstar Preqin Pitchbook
500k+
Funds in
Database
4,000+
Risk-Adjusted
Statistics
150+
Institutional
Clients
6
Simultaneous
Data Providers
Multi-Provider Data Universe

The Broadest Hedge Fund Data Coverage Available

AlternativeSoft connects to six major institutional data providers simultaneously — giving you access to the widest possible fund universe without managing multiple subscriptions or switching between platforms.

Bloomberg

Full Bloomberg fund data integration within the AlternativeSoft platform. Access performance, characteristics and reference data across the Bloomberg fund universe directly.

HFR

Hedge Fund Research data including HFR indices and underlying fund data, providing access to one of the industry's most widely recognised hedge fund benchmarking datasets.

eVestment

Institutional fund data and analytics from eVestment, covering hedge funds, long-only managers and liquid alternatives with deep qualitative and quantitative information.

Morningstar

Morningstar mutual fund and UCITS data alongside alternative fund coverage, enabling cross-asset peer group analysis for multi-mandate institutional programmes.

Preqin

Private markets fund data from Preqin for private equity, private credit, real estate and infrastructure — enabling alternatives programmes spanning both liquid and illiquid strategies.

Pitchbook

Pitchbook private market intelligence and fund data, extending coverage across the full private markets ecosystem for comprehensive alternatives benchmarking.

Benchmarking Capabilities

Customisable Peer Groups and Institutional Benchmarking Tools

Build bespoke benchmarks and peer groups from the full multi-provider fund universe — then analyse them with 4,000+ statistics in one integrated environment.

Custom Peer Groups

Build peer groups from any combination of funds, strategies, geographies and data providers. Evaluate any manager within the distribution of a precisely defined comparable universe.

4,000+ Risk Statistics

Calculate return-based statistics, drawdown metrics, risk-adjusted ratios, factor exposures, correlation analysis, VaR and stress testing scenarios across your full fund universe.

Performance Attribution

Decompose fund returns across time periods, strategies and risk factors. Understand what is driving performance and how it compares to peer group and index benchmarks.

Style & Factor Analysis

Identify factor exposures and style drift across your manager universe. AlternativeSoft runs returns-based and holdings-based style analysis to give a complete picture of risk positioning.

Fund Screening & Search

Screen 500,000+ funds by performance, risk, strategy, geography, AuM, track record length and qualitative criteria. Build your initial watchlist from the full multi-provider universe.

Automated Benchmark Reports

Generate IC-ready benchmark reports, peer group scorecards and performance attribution summaries automatically — formatted for board and committee presentation.

Benchmark Types

Every Benchmarking Approach in One Platform

Institutional allocators use multiple benchmarking approaches simultaneously. AlternativeSoft supports them all within a single integrated environment.

Industry Indices (HFR, Bloomberg)

Benchmark against widely-used industry indices from HFR and Bloomberg, providing comparable context against market-standard references.

Custom Peer Group Benchmarks

Build bespoke peer groups from the full 500,000+ fund universe filtered to your precise criteria — strategy, AuM band, geography, vintage.

Portfolio-Level Benchmarks

Benchmark your actual portfolio allocation against a blended composite of relevant indices weighted to reflect your true risk and strategy exposures.

Private Markets Benchmarks

Access Preqin and Pitchbook data for private equity, private credit and real assets alongside hedge fund benchmarks — the full alternatives programme in one view.

Peer Group Analysis — Example
Fund vs Peer Group Percentile
Sharpe Ratio82nd percentile
Max Drawdown73rd percentile
Annualised Return61st percentile
Volatility78th percentile
Peer Group Size
247 funds
Global Equity Long/Short, $500M–$5B AuM
Illustrative example only
Client Testimonials

Trusted by 150+ Leading Institutions

AlternativeSoft streamlines many useful performance-based analytics including portfolio optimisation, peer evaluation, and relative analyses. An intuitive platform that is additive to our processes.

Aberdeen Asset Management
Head of Risk Management
★★★★★

From statistical analysis on a single hedge fund to portfolio construction, risk analysis and stress testing — one of the most effective and intuitive tools I have handled.

BNP Paribas
Hedge Fund Solutions
★★★★★

A practical and user-friendly tool used as part of our portfolio construction and risk management process. Their extensive support and responsiveness provides real added value.

AllianceBernstein
Co-head, Risk Management & Portfolio Construction
★★★★★
FAQ

Hedge Fund Benchmarking — Frequently Asked Questions

AlternativeSoft connects to six major institutional data providers simultaneously — Bloomberg, HFR, eVestment, Morningstar, Preqin and Pitchbook — giving access to over 500,000 funds and the industry indices from each provider. Clients can also build fully customisable peer group benchmarks from the combined universe.
Peer group benchmarking evaluates a hedge fund's performance, risk and characteristics relative to a custom group of comparable funds — not just against a broad market index. AlternativeSoft allows users to construct precisely defined peer groups from 500,000+ funds, filtered by strategy, AuM, geography, data source and other criteria.
AlternativeSoft calculates over 4,000 risk-adjusted statistics for each fund, including return-based metrics, drawdown analysis, factor exposures, correlation measures, Sharpe and Sortino ratios, VaR and a comprehensive range of stress testing scenarios. These are calculated consistently across all funds in the database for direct comparability.
Yes. AlternativeSoft's multi-provider data universe includes Preqin and Pitchbook for private equity, private credit, real assets and infrastructure alongside hedge fund data from Bloomberg, HFR, eVestment and Morningstar. Institutional programmes covering both liquid and illiquid alternatives can benchmark across the full portfolio in one platform.
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See the Full Benchmarking Platform in Action

Access 500,000+ funds across six simultaneous data providers. Build custom peer groups, run 4,000+ statistics and generate IC-ready benchmark reports — all in one platform.