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HedgeWorld Plans Online Supermarket for Hedge Funds of Rye, N.Y. plans to introduce an online supermarket for hedge funds.

The firm expects the supermarket - HedgeWorld FundSelectsm - to be live by the first quarter of 2001. The supermarket will offer access to both U.S. and non-U.S. hedge funds.

HedgeWorld FundSelectsm is being developed in conjunction with Tremont Advisers of Rye, N.Y. Tremont will

provide ancillary services to Hedge and will participate on the manager selection committee to determine which hedge funds will be offered in the supermarket.