Fri, Nov 27, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Credit Suisse/Tremont Hedge Fund Index confirms August performance up 1.53%, 11.57% YTD

Tuesday, September 15, 2009
Opalesque Industry Updates - Final performance for the Credit Suisse/Tremont Hedge Fund Index (“Broad Index”) is confirmed up 1.53% in August, according to Oliver Schupp, President of Credit Suisse Index Co., Inc.

Mr. Schupp said, “August marks the sixth straight month of positive performance for hedge funds as measured by the Broad Index, bringing the Credit Suisse/Tremont Hedge Fund Index up to 11.57% year-to-date. Convertible Arbitrage strategies led the performance among sectors and extended their run of positive performance to eight consecutive months, returning 3.39% in August and 35.58% year-to-date.”

Schupp added, “Another notable sector for the month is Fixed Income Arbitrage, which finished up 2.38%, as managers took advantage of favorable investment opportunities as a result of the US Treasury’s announced extension of its asset-backed securities loan facility (TALF) program.”

The Credit Suisse/Tremont Hedge Fund Index (“Broad Index”) is the industry’s premier asset-weighted hedge fund index. Unlike equal-weighted indices, the Broad Index does not underweight top performers and overweight decliners in order to provide the most accurate representation of the hedge fund universe.

Performance for the Broad Index and its ten sub-strategies is calculated monthly. August, July and 2009 returns are listed here and are available at


What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November