Quadrexx Asset Management Inc. today announced the creation of the first investible Canadian hedge fund index product exclusively investing in Canadian managed hedge funds.

The index, Canadian Hedge Watch Index Plus, is a result of the work and research done by Quadrexx and Canadian Hedge Watch Inc. over the past three years.

Miklos Nagy, CEO and president of Quadrexx, timed the launch of the new index with the World Alternative Investment Summit being held in Montreal between November 5 and 7.