| 31.10.2011 Opalesque Exclusive: Despite 2.49% loss, 'Alternative Alternatives' investment funds outperformed hedge funds in September and year to date |
| Opalesque Ltd., a leading provider of online information services to the alternative investment industry, today announced the results of the Opalesque A SQUARE ('alternative-alternatives') indices covering the performance of niche alternative investment funds. The indices are calculated based on the net performance of 710 single- and multi-manager funds currently listed in 23 categories in |