Opalesque Industry Update: The Credit Suisse LAB Index was up 1.22% in March 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 1.22% in March. The Merger Arbitrage strategy was the strongest performer for the month, finishing up 2.34% in March.”
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.