New York (HedgeCo.net) – Returns for the Credit Suisse LAB Liquid Indices suggest that hedge funds experienced positive performance in February according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse.
“The Credit Suisse Liquid Alternative Beta Index (“CSLAB”), which aims to reflect the return of the overall hedge fund industry, generated positive performance in February, finishing up 1.60% for the month.” Dr. Drachman said.
All four LAB sector indices posted gains as managers profited from a number of diverse strategies which generated positive returns across both equity and credit markets. The LAB Event Driven Liquid Index was the best performer in February (+2.08%), bringing year-to date returns to 3.35%.
Editing by Alex Akesson
For HedgeCo.net
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