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Opalesque Industry Update - The Credit Suisse LAB Index was up 0.53% in August 2012 according to Dr. 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 performance of the overall hedge fund industry, finished up 0.53% in August. The Long/Short strategy was the most significant contributor to performance, finishing up 2.05% for the month. The Event Driven strategy was the second-highest contributor to performance, finishing up 1.38% for the month, yet has the highest performance year-to-date, up 7.10%.”
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 at
12-Aug 12-Jul YTD 2012 Credit Suisse Liquid Alternative Beta Index 0.53% 0.87% 2.37% Credit Suisse Event Driven Liquid Index 1.38% 0.89% 7.10% Credit Suisse Global Strategies Liquid Index -0.23% 0.99% 0.10% Credit Suisse Long/Short Liquid Index 2.05% 0.40% 3.67% Credit Suisse Merger Arbitrage Liquid Index -0.08% 0.50% -2.09% Credit Suisse Managed Futures Liquid Index -1.50% 1.36% -5.34% Bg
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