Peer Group Analysis Across 500,000+ Hedge Funds

Hedge Fund Peer Group Analysis Software

AlternativeSoft's peer group analysis software lets institutional investors benchmark any hedge fund against thousands of strategy-relevant peers instantly. Build custom peer universes, rank managers by any metric and identify consistently top-quartile performers across 500,000+ funds.

Peer analysis across:Long/Short EquityGlobal MacroCTA/FuturesCreditEvent-DrivenMulti-Strategy
Hedgeweek Best Risk Management Software
4 Consecutive Years — 2020 · 2021 · 2022 · 2023
150+
Institutional clients worldwide
$1.5tn+
AuM managed by our clients
500k+
Funds in our database
Trusted by
Aberdeen Asset ManagementAllianceBernsteinBNP ParibasBessemer TrustRaiffeisen Capital ManagementUnigestionLyxor Asset ManagementKedge CapitalLumyna InvestmentsProgressive CapitalAberdeen Asset ManagementAllianceBernsteinBNP ParibasBessemer TrustRaiffeisen Capital ManagementUnigestion
The Problem & The Solution

Peer Group Analysis — What Makes It Valuable

Why Peer Group Analysis Is Hard Without the Right Tool

Accurate peer benchmarking requires a large, relevant fund universe, consistent methodology and visualisation tools that most platforms lack.

  • Building a relevant peer group requires access to a comprehensive, survivorship-bias-aware fund database — most tools cover only a partial universe
  • Manual peer comparison in Excel is too slow for large peer groups and cannot rank by multiple criteria simultaneously
  • Different data providers use different fund universes — results vary depending on which database is queried
  • Without visualisation tools, peer comparison output requires significant manual presentation work to convey to investment committees
  • Keeping peer groups current as funds launch, close or change strategy requires ongoing manual database maintenance

AlternativeSoft Peer Group Analysis Features

500,000+ fund universe, custom peer group builder and instant multi-metric ranking — all in one platform.

  • 500,000+ fund universe from multiple providers — the broadest peer coverage available to institutional investors
  • Custom peer group builder: filter by strategy, AUM, geography, inception date, data provider and any combination of criteria
  • Instant ranking by any of 4,000+ statistics across the full peer group
  • Quartile distribution visualisation showing where a fund sits in the full peer distribution
  • Saved peer groups that update automatically as new funds are added to the database
Peer Group Analysis

Institutional Peer Group Analysis for Hedge Funds

Build the right peer universe and benchmark any manager in seconds.

Custom Peer Group Builder

Define peer groups using any combination of strategy, sub-strategy, AUM, geography, inception date, data provider and custom criteria. Save and reuse.

Multi-Metric Ranking

Rank the full peer group by any of 4,000+ statistics. Sort by Sharpe ratio, drawdown, alpha, information ratio or any custom composite score.

Peer Distribution Charts

Visualise the full distribution of any metric across the peer group. See where a specific fund sits relative to the full distribution, not just quartile markers.

Multi-Period Peer Analysis

Run analysis across 1, 3, 5 and 7-year periods simultaneously. Identify managers with consistent top-quartile performance across multiple market cycles.

Top Quartile Identification

One-click identification of top-quartile performers across multiple metrics. Build shortlists from peer group output automatically.

Peer Comparison Export

Export peer comparison tables to Excel or generate automated peer analysis reports for due diligence files and IC presentations.

150+
Institutional Clients
Worldwide
$1.5tn+
AuM Managed by
Our Clients
500k+
Funds in Our
Database
20+
Years of Excellence
Since 2005
How It Works

How to Run Peer Group Analysis in AlternativeSoft

01

Define the Peer Group

Set strategy, geography, AUM and other criteria. AlternativeSoft filters the full 500,000+ universe to your relevant peers in seconds.

02

Benchmark and Rank

Select your key ranking metrics. Rank the peer group and visualise the full distribution. Identify top-quartile performers across multiple statistics.

03

Shortlist and Investigate

Build shortlists from peer group output. Move top-ranked managers into deep-dive quantitative analysis and due diligence workflows.

Who This Is For

Who Uses AlternativeSoft for Peer Group Analysis

Fund Selectors

Build rigorous peer benchmarks for manager selection. Identify managers that are genuinely top-quartile rather than just performing well in a rising market.

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Portfolio Managers

Monitor all your underlying managers within their peer groups continuously. Receive alerts when a manager drops in peer quartile ranking.

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Pension Funds

Provide investment committees with robust peer benchmarking evidence for all manager selection and ongoing monitoring decisions.

Learn more
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
★★★★★

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
★★★★★

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
★★★★★
Best Risk Management Software
Hedgeweek — 4 Consecutive Years
Best Portfolio Analytics Platform
HFM European Awards
10+ Industry Awards
Recognised since 2005
ISO & GDPR Compliant
Enterprise-grade Security
FAQ

Frequently Asked Questions

Hedge fund peer group analysis compares a specific fund's performance and risk characteristics against a relevant group of comparable funds in the same or similar strategy. It provides essential context for evaluating whether a manager is genuinely outperforming or simply benefiting from favourable strategy conditions.
A relevant peer group typically includes funds with the same broad strategy, similar geographic focus, comparable AUM tier and inception period of at least 3–5 years. AlternativeSoft's peer group builder lets you apply all these criteria simultaneously across the full 500,000+ fund universe.
The most common peer ranking statistics are Sharpe ratio, maximum drawdown, Sortino ratio, information ratio, Omega ratio and peer quartile rank by annualised return. AlternativeSoft calculates all of these and 4,000+ additional metrics automatically with peer group context.
AlternativeSoft's peer group analysis draws from Bloomberg, eVestment, HFR, Morningstar, Preqin and Pitchbook simultaneously — giving access to the broadest possible peer universe and reducing distortion from any single provider's fund universe.
Yes. AlternativeSoft allows you to save peer group definitions and monitor all your approved managers' peer rankings continuously. Automated alerts notify you when a manager's peer quartile ranking changes significantly.
Request a Demo

See AlternativeSoft
in Action

Join 150+ institutional investors who rely on AlternativeSoft to select and monitor funds. Book a personalised demo with our team today.

  • Live walkthrough of the full platform
  • Tailored to your asset class — hedge funds, mutual funds or private markets
  • Q&A with our investment analytics specialists
  • Free trial access available following the demo
  • Dedicated onboarding and implementation support
Hedgeweek Best Risk Management Software — voted by clients 4 years running
Data integrations include:
BloombergeVestmentMorningstarPreqinPitchbookHFR

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