Dow Jones Indexes and Credit Suisse today announced the launch of the Dow Jones Credit Suisse Core Hedge Fund Index, the newest addition to their market-leading hedge fund index family.

“The Dow Jones Credit Suisse Core Hedge Fund Index was launched in response to increasing investor demand for more transparency and liquidity in the hedge fund universe and we believe the index’s unique approach provides investors with a superior tool for measuring hedge fund performance.” Oliver Schupp, President of Credit Suisse Index, said, “The credit crisis of 2008 heightened hedge fund investors’ awareness of their liquidity needs and as a result, investors today are actively seeking the objective, transparent insight into the performance of the hedge fund industry that the Dow Jones Credit Suisse Core Hedge Fund Index provides.”

Rebalanced quarterly, the Dow Jones Credit Suisse Core Hedge Fund Index is UCITS III compliant and includes 40 component funds diversified across seven style-based sectors: event driven, long/short equity, global macro, emerging markets, managed futures, fixed-income arbitrage and convertible arbitrage. The index employs an objective, fully transparent selection process with all index constituents required to provide daily valuations and weekly, or better, liquidity to be considered for inclusion in the index.