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.