AlternativeSoft software is unique because it does account for the specific characteristics of hedge fund returns. It goes further than classical optimization techniques as it considers the higher moments of hedge fund return distributions thus delivering more appropriate solutions for portfolio construction and risk measurement.  We go farther.  As soon as a new academic hedge fund model is published and its superiority verified by the scientific community, we integrate that model in our AlternativeSoft platform.  We have already created new models for hedge fund portfolio construction (i.e. local correlation minimization or Modified Value-at-Risk minimization, replication), for hedge fund portfolio simulation (i.e. simulation of non-normal portfolios), for hedge fund quantitative ratings, hedge fund equilibrium return computations using the Four-Moment Capital Asset Pricing Model or the forecasting of hedge fund index returns.

AlternativeSoft software includes 4 modules:

Fund selection

Link to Lipper-TASS, HFR, HedgeFund.net, Eurekahedge, Pertrac, Packhedge, Barclay, Morningstar-Altvest, Excel providers.

Alpha and alternative betas computation.

Quantitative and qualitative hedge fund, mutual fund, fund of funds ratings.

Fund exposure to economic factors.

Style analysis.