New York (HedgeCo.Net) – The Credit Suisse Liquid Alternative Beta Index (“CSLAB”), which aims to reflect the performance of the overall hedge fund industry, finished up 1.84% in August. The Managed Futures strategy was the strongest performer for a second consecutive month, finishing up 3.23% in August. The Long/Short Equity strategy was the second-highest performer in August and the highest performing strategy year-to-date.
Performance for the LAB indices is shown below. Research, performance, descriptions, statistics and downloadable index performance history can be found online at www.credit-suisse.com/lab or on Bloomberg at < ILAB >.
|
August 2014 |
July 2014 |
YTD 2014 |
|
|
Credit Suisse Liquid Alternative Beta Index |
1.84% |
-1.28% |
2.77% |
|
Credit Suisse Event Driven Liquid Index |
1.24% |
-2.17% |
2.13% |
|
Credit Suisse Global Strategies Liquid Index |
1.97% |
-1.13% |
2.26% |
|
Credit Suisse Long/Short Liquid Index |
2.31% |
-0.50% |
5.62% |
|
Credit Suisse Merger Arbitrage Liquid Index |
-1.55% |
0.10% |
-3.95% |
|
Credit Suisse Managed Futures Liquid Index |
3.23% |
0.23% |
-1.09% |
About LAB Indices
The LAB series of indices seek to replicate the aggregate return profiles of hedge fund strategies using liquid, tradable instruments. LAB indices are priced daily and constructed using an objective and transparent rules-based methodology, making them appropriate candidates for index-linked products.
