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Credit Suisse Liquid Alternative Beta (LAB) index down 0.27% in April (+1.94% YTD)

Wednesday, May 02, 2012
Opalesque Industry Update - The Credit Suisse LAB Index was down 0.27% in April 2012 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 (“CSLAB”), which aims to reflect the performance of the overall hedge fund industry, finished down 0.27% in April. Four of the five sectors posted negative performance. Event Driven was up 0.73% in April and has the highest performance of the strategies year-to-date in 2012, returning 3.86%. Meanwhile, Managed Futures was the lowest performing strategy, down 1.21% in April.”

Research, performance, descriptions, statistics and downloadable price history can be found on the Credit Suisse Alternative Beta website, www.credit-suisse.com/alternativebeta or on Bloomberg at (ILAB).

Press release and performance table: Source

BG

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