Dr. Jordan Drachman Opalesque Industry Update: The Credit Suisse LAB Index was up 1.10% in January 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 1.10% in January. The Merger Arbitrage strategy was the strongest performer for the month, finishing up 2.31%.
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.