Thread for Hedge fund indices to be used - equity, thread, starting, others

badonkus

Getting hammered on this one every time so starting this sharing thread.

Per schweser these are the indices we can use with others unknowns.

1. Mkt neutral equity Fund - RFR+ 2-3% spread

2. Plain vanilla Equity Fund - russell 3000

3. FI Fund - Merryll Lynch HIgh yield index.

4. FI Arbitrage Fund -???

5. Global Macro Fund - ???

6. Event Drive Fund - ???

7. Long/Short Fund - ???

When to use alpha and sharpe?