Jordan Drachman Opalesque Industry Update - Returns for the LAB Liquid Indices suggest that hedge funds experienced positive performance in January according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse. Dr. Drachman noted, “The Credit Suisse Liquid Alternative Beta Index (“CSLAB”) generated positive performance in January, returning 0.18% for the month. Three out of four LAB sector indices posted gains as managers utilized a number of diverse strategies which generated positive returns across both equity and credit markets. The LAB Merger Arbitrage Liquid Index posted the highest returns in January (+1.66%) after posting returns of 8.04% in 2010.” kb |