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Credit Suisse Liquid Alternative Beta Index down -0.24% in November (+2.07 YTD)

Tuesday, December 04, 2012
Opalesque Industry Update: The Credit Suisse LAB Index was down 0.24% in November according to Dr. Jordan Drachman, Head of Alternative Beta Strategies at Credit Suisse.

Dr. Drachman noted, “The Credit Suisse Liquid Alternative Beta Index (“CSLAB”), which aims to reflect the performance of the overall hedge fund industry, finished down 0.24% in November. The Merger Arbitrage strategy was the most significant contributor to performance, finishing up 0.85% for the month. Event Driven strategy is the second most significant contributor, finishing up 0.41%, and continues to be the highest performing strategy year-to-date, up 9.57% thus far in 2012. The Managed Futures strategy was the most significant detractor from performance, finishing down 0.65% for the month.”

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.

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