Patent ID: 7657481
Filing Date: 2010-02-02
Classification: G06Q

Abstract:
1. A computer implemented method comprising; grouping hedge funds in a hedge fund index into a plurality of strategy groups, the strategy groups comprised of hedge funds possessing similar trading strategies; calculating, using the computer, for each of the plurality of strategy groups included in the hedge fund index, a target strategy weight based on a ratio of assets under management for eligible funds for a particular strategy group to assets under management for eligible funds for the plurality of strategy groups included in the hedge fund index; providing a target strategy weight limit for each of the strategy groups included in the hedge fund index; comparing the calculated target strategy weight to the target strategy weight limit for each of the strategy groups included in the index; and setting a target weight percentage for each of the plurality of strategy groups included in the index, wherein setting the target weight percentage for a particular strategy group comprises: