|The Credit Suisse LAB Index was up 0.59% in September 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 , which aims to reflect the performance of the overall hedge fund industry, finished up 0.59% in September.
The Long/Short strategy was the most significant contributor to performance again, finishing up 1.34% for the month. The Event Driven strategy was the second-highest contributor to performance, finishing up 0.94% for the month, and continues to have the highest performance year-to-date, up 8.10%." (Press Release)