Opalesque Industry Update - The Credit Suisse LAB Index was up 1.65% in October 2013 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 up 1.65% in October. The Event Driven strategy was the strongest performer for the month, finishing up 2.42% in October, and the strongest performing strategy year to date, returning 9.12% YTD in 2013."
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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