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And thirdly, our data showed that not all private patients were treated in private hospitals, a small proportion of the privately funded index CARP patients were treated in a public hospital.
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"They may not call their funds index funds," he said, "but they sure act like them".
Mutual funds, index funds and pension funds (including union pension funds) own about 52percentt of Exxon Mobil's shares.
The Greenwich-Van Global Hedge Fund Index preliminarly reported returns of 0.10percentt in February.
Go to Press Release from Greenwich-Van Global Hedge Fund Index ».
Morgan Stanley Capital International, a unit of Morgan Stanley Dean Witter, is also planning a hedge fund index.
The performance of hedge funds, as measured by the HFRI hedge-fund index, was greatly understated.
In some ways, funds that track a hedge fund index resemble the stock index funds offered by many mutual fund companies.
Last year the hedge-fund index compiled by CSFB-Tremont was up by 4.4%.
In September, Credit Suisse First Boston started an offshore fund based on its CSFB/Tremont Hedge Fund Index; Zurich Capital offers index-tracking funds to pensions and endowments.
Standard & Poor's plans to create a hedge fund index late this year and has already licensed the rights to start a fund based on the index.
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