Opalesque Industry Update - The Credit Suisse LAB Index was down 1.01% in August 2013 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 down 1.01% in August. Performance was negative across all strategies within the CSLAB Index indicating a difficult month for hedge funds.” Performance for the LAB indices is shown here. Press release Bg |