Wells Fargo & Co. has rolled out Wells Fargo Hedge Fund Manager Holdings Index. The index has been launched to measure the real-time performance of the 100 largest positions in equities and equity-related securities.
It aims to offer diversified exposure in the market by representing modified market capitalization. The index’s value will be disseminated by New York Stock Exchange every 15 seconds over the Consolidated Tape Association’s Network B.
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