Opalesque Industry Update -
The performance for the LAB Liquid Indices through March suggests that overall hedge fund performance will be positive for the month, 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”) was up 1.02% in March and 1.83% year-to-date suggesting that in aggregate, hedge funds will continue their streak of positive performance through the first quarter.
"CSLAB aims to replicate the performance of the Credit Suisse/Tremont Hedge Fund Index which has been up every month since March 2009, as the hedge-fund space has evolved from being more directionalin nature to employing a range of investment strategies aimed at providing better diversification from traditional market movements.”
Performance table: Source