Industry Reports

The Industry Report provides a snapshot of the hedge fund and managed futures industries at the end of Q2 2008, as well as a historical perspective. Over 100 charts and graphs offer insight as to current and past industry trends, and are displayed in PowerPoint format to facilitate easy incorporation into presentations.

The Industry Report includes:

	Hedge Fund and CTA Industry Overview Hedge Fund, Fund of Fund, CTA & CPO Index Summary & Performance Analysis - by Strategy Estimated Assets Under Management 1990 - Q1 2008  Assets Under Management  Estimated Number of Hedge Funds 1990 - Q1 2008  Risk-Return Profile by Strategy  Hedge Fund Assets by Strategy  Correlations to Major Asset Classes  CTA Markets Breakdown  Performance Statistics/Growth of $100  Evolution of Hedge Fund Assets by Strategy  Annualized Returns  Geographic Focus  Return Distribution  Fund Ages  Risk Statistics Including:  Fund Domiciles  Maximum Drawdowns  Location of Management Companies  Standard Deviation  Redemption Frequency (HF vs. FoF)  Sharpe Ratio  Redemption Notice Periods (HF vs. FoF)  Skewness  Minimum Investment (HF vs. FoF)  Kurtosis  Management Fee Distribution (HF vs. FoF)    Incentive Fee Distribution (HF vs. FoF)

The data for the analyses is drawn from the Database. The Database began tracking commodity funds in 1979 and hedge funds in 1992. As of January 2008, the Database reported information on approximately 6,000 hedge funds, fund of funds, CTAs and CPOs.

The report also provides performance results for the CASAM CISDM Indices. The CASAM CISDM Indices were re-launched in October 2005 to incorporate a new classification scheme drawing from historical data in the Database to minimize survivorship bias.