{"id":11691,"date":"2009-09-04T06:38:58","date_gmt":"2009-09-04T10:38:58","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=11691"},"modified":"2009-09-04T06:38:58","modified_gmt":"2009-09-04T10:38:58","slug":"credit-suisses-air-shows-positive-month-for-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2009\/credit-suisses-air-shows-positive-month-for-hedge-funds.html","title":{"rendered":"Credit Suisse&#8217;s AIR Shows Positive Month for Hedge Funds"},"content":{"rendered":"<p>West Palm Beach (HedgeCo.net) &#8211; Long\/Short Equity hedge funds returned positive performance in August mainly as a result of the continued uptrend in equity markets, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse.<\/p>\n<p>&#8220;Following a strong rally in July, equity markets continued their upward trend in August, reaching highs not achieved since October 2008.&#8221; Dr. Drachman noted, &#8220;Long\/Short Equity hedge fund managers continued to increase their overall net exposures in order to benefit from market gains. Despite brief corrections due to a mid-month weak consumer sentiment report, managers were able to finish up for the month. The Credit Suisse Long\/Short Equity Replication Index (\u201cAIR Long\/Short Equity Index\u201d) was up 1.55% (net) for the month, while the Credit Suisse Global Macro Replication Index (\u201cAIR Global Macro Index\u201d) finished up 0.08% (net) over the same period.&#8221;<\/p>\n<p>AIR Indices seek to replicate the performance of major hedge fund strategies and enable investors to gain liquid, transparent insight into the Global Macro and Long\/Short Equity sectors of the Credit Suisse\/Tremont Hedge Fund Index. The AIR platform also offers inverse indices that seek to approximate short exposure to the aggregate returns of the universe of Long\/Short Equity and Global Macro hedge fund managers.<\/p>\n<p>Performances for the AIR Global Macro and Long\/Short Equity Indices are calculated daily and shown net of a 1.15% per annum calculation fee.<\/p>\n<p>Alex Akesson<br \/>\nEditor for HedgeCo.net<br \/>\n<a href=\"..\/09\/2009\/alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<span class=\"st_tag internal_tag\">HedgeCo<\/span>.Net is a premier <span class=\"st_tag internal_tag\"><a class=\"st_tag internal_tag\" title=\"Posts tagged with hedge fund\" rel=\"tag\" href=\"..\/09\/09\/09\/08\/tag\/hedge-fund\">hedge fund<\/a><\/span> database and community for qualified and accredited investors only. Membership on <a title=\"www.hedgeco.net\" href=\"..\/09\/09\/09\/\" target=\"_blank\">www.<span class=\"st_tag internal_tag\">hedgeco<\/span>.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a class=\"st_tag internal_tag\" title=\"Posts tagged with hedge funds\" rel=\"tag\" href=\"..\/09\/09\/09\/08\/08\/tag\/hedge-funds\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>West Palm Beach (HedgeCo.net) &#8211; Long\/Short Equity hedge funds returned positive performance in August mainly as a result of the continued uptrend in equity markets, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse. &#8220;Following [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[5185,4629,11708,73,2222,4528],"class_list":["post-11691","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news","tag-equity-hedge","tag-hedge-fund-strategies","tag-hedge-funds","tag-hedge-fund-index","tag-hedge-fund-managers","tag-long-short-equity"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11691"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11691\/revisions"}],"predecessor-version":[{"id":11693,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11691\/revisions\/11693"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}