The Wharton School of the University of Pennsylvania announces that Wharton Research Data Services (WRDS), the leading comprehensive, internet-based data research service, has added the Hedge Fund Research (HFR) Database to its already robust data offerings. WRDS provides instant access to over 200 terabytes of data across Finance, Marketing, and Economic disciplines, making it the gold standard business intelligence tool for 30,000 users in 27 countries.
The addition of the HFR Database is part of WRDS’ continued growth and dedication to meeting the information needs of the financial services industry, including niche market clients worldwide. HFR Database is utilized globally by thousands of accredited investors at leading banks, brokerage firms, investment advisors, wealth managers, funds of hedge funds, hedge funds, academic institutions, foundations, endowments, family offices and sovereign wealth funds.
“WRDS is excited to expand our research services through partnership with HFR,” said Robert Zarazowski, Senior Director of WRDS. “Offering specialized data like HFR further strengthens our position as the leading global business intelligence tool and ensures that WRDS is delivering the accurate, timely results that our clients need to stay competitive.”
“As the alternative investment industry has become increasingly integrated into modern financial markets, requirements for access to comprehensive, robust and complete data sets on the hedge fund industry have become integral to authoritative academic financial and economic research,” said Kenneth J. Heinz, CFA, President of HFR and MBA ’02, Booth School of Business, University of Chicago. “In response to this demand, HFR is pleased to announce the strategic partnership with WRDS, an established global leader data distribution platform to top research institutions and firms. The availability of the HFR Database and Indices via the WRDS platform enables leading academics and industry observers to perform robust, transparent, thorough and insightful analysis of this dynamic area of finance and allows for a new generation of research on the alternative investment industry to proceed, challenging established conventions and establishing a new foundation of authoritative, academic understanding for both investors, practitioners and observers.”
About WRDS and the Wharton School
Wharton Research Data Services (WRDS) is the leading, comprehensive, internet-based data research service used by academic, government, non-profit institutions, and corporate firms. Developed in 1993 to support faculty research at the Wharton School of the University of Pennsylvania, WRDS has since evolved to become the leading business intelligence tool for a global research community.
The Wharton School of the University of Pennsylvania— founded in 1881 as the first collegiate business school — is recognized globally for intellectual leadership and ongoing innovation across every major discipline of business education. The most comprehensive source of business knowledge in the world, Wharton bridges research and practice through its broad engagement with the global business community. The School has 5,000 undergraduate, MBA, executive MBA, and doctoral students; more than 9,000 annual participants in executive education programs; and an alumni network of 88,000 graduates.
Hedge Fund Research, Inc. (HFR) is the global leader in the alternative investment industry. Established in 1992, HFR specializes in the areas of indexation and analysis of hedge funds. HFR Database, the most comprehensive resource available for hedge fund investors, includes fund-level detail on historical performance and assets, as well as firm characteristics on both the broadest and most influential hedge fund managers. For more information, visit www.HedgeFundResearch.com.