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Hedge funds post positive March performance - Credit Suisse Liquid Alternative Beta Index

Monday, April 04, 2011

Jordan Drachman
Opalesque Industry Update - Returns for the Credit Suisse LAB Liquid Indices suggest that hedge funds experienced positive performance in March 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”), which aims to reflect the return of the overall hedge fund industry, generated positive performance in March, finishing up 1.28% for the month. 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 remains the strongest performing index year-to date, returning 4.39%.”

(press release)

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