Credit Suisse's Asset Management Business Releases Commodities White Paper Examining Hidden Risks in Active Commodity Indices

  Credit Suisse's Asset Management Business Releases Commodities White Paper
              Examining Hidden Risks in Active Commodity Indices

PR Newswire

NEW YORK, April 9, 2013

NEW YORK, April 9, 2013 /PRNewswire/ -- Credit Suisse's Asset Management
business announced the release of a new white paper entitled, "Uncovering
Hidden Risks in Active Commodity Indices". Co-authored by Nelson Louie, Global
Head of Commodities, and Chris Burton, Head of Portfolio Management
Commodities in Credit Suisse Asset Management, the white paper focuses on the
evolution of commodity investing and how the increase in new commodity index
strategies over a relatively short period of time has created new challenges
for investors.

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Normally thought of as "active indices", new commodity index strategies seek
to calibrate beta exposures based on specific quantitative or fundamental
factors with the goal of generating better returns than more established
benchmarks. Many of these new indices are optimized towards particular factors
and events. Messrs. Louie and Burton believe that investors should evaluate
and understand the risk factors within active commodity indices before making
an investment decision.

In addition, the white paper includes the following:

  oCommon factors used to create active indices;
  oHow factor-based indices are backtested;
  oComparison of returns and volatility of factor-based indices versus
    arbitrarily-selected indices as well as traditional benchmarks;
  oHow the intricacies of commodities investing present unique challenges for
    investors, and how they differ from other actively managed asset classes,
    such as equities; and
  oHow an active/discretionary manager may provide an alternative and help
    manage active commodity exposure for an investor who may not be
    comfortable managing these risks on his or her own.

For a copy of "Uncovering Hidden Risks in Active Commodity Indices," please
contact Katherine Herring at

Credit Suisse AG

Credit Suisse AG is one of the world's leading financial services providers
and is part of the Credit Suisse group of companies (referred to here as
'Credit Suisse'). As an integrated bank, Credit Suisse is able to offer
clients its expertise in the areas of private banking, investment banking and
asset management from a single source. Credit Suisse provides specialist
advisory services, comprehensive solutions and innovative products to
companies, institutional clients and high net worth private clients worldwide,
and also to retail clients in Switzerland. Credit Suisse is headquartered in
Zurich and operates in over 50 countries worldwide. The group employs
approximately 47,400 people. The registered shares (CSGN) of Credit Suisse's
parent company, Credit Suisse Group AG, are listed in Switzerland and, in the
form of American Depositary Shares (CS), in New York. Further information
about Credit Suisse can be found at

SOURCE Credit Suisse AG

Contact: Katherine Herring, Credit Suisse, + 1 212-325-7545,
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