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New Dow Jones Credit Suisse Hedge Fund Index Commentary Offers Insight into April Hedge Fund Performance



 New Dow Jones Credit Suisse Hedge Fund Index Commentary Offers Insight into
                         April Hedge Fund Performance

PR Newswire

NEW YORK, May 21, 2013

NEW YORK, May 21, 2013 /PRNewswire/ -- The Dow Jones Credit Suisse Hedge Fund
Index finished up 1.39% in April. A new monthly commentary offers insight into
hedge fund performance through the month of April. Some key findings from the
report include:

  o Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index,
    finished April up 1.39%, with 9 out of 10 strategies in positive
    territory;
  o In total, the industry saw estimated inflows of approximately $3.36
    billion in April, bringing overall assets under management for the
    industry to approximately $1.85 trillion;
  o The Equity Market Neutral and Fixed Income Arbitrage sectors experienced
    the largest asset inflows on a percentage basis, with inflows in April
    equal to 1.40% and 1.22% of the March 2013 levels, respectively;
  o Event Driven funds sustained overall positive performance in April against
    the backdrop of a persisting overall market rally driven by technical
    momentum and investor demand; and,
  o Long/Short Equity funds produced positive performance in April, despite a
    volatile month in equity markets, and continued their year-to-date string
    of positive performance. Managers benefitted from exposure to Healthcare,
    Financials, and Consumer Discretionary and Staples.

(Logo: http://photos.prnewswire.com/prnh/20091204/CSLOGO)

Industry commentaries and publications are available in the "News" section of
our website, www.hedgeindex.com. Click here to view the full report which
includes an overview of April hedge fund performance, in-depth commentary on
individual hedge fund sectors and hedge fund return dispersion statistics for
each strategy.

About S&P Dow Jones Indices

S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's
largest, global resource for index-based concepts, data and research. Home to
iconic financial market indicators, such as the S&P 500® and the Dow Jones
Industrial Average®, S&P Dow Jones Indices LLC has over 115 years of
experience constructing innovative and transparent solutions that fulfill the
needs of investors. More assets are invested in products based upon our
indices than any other provider in the world. With over 830,000 indices
covering a wide range of asset classes across the globe, S&P Dow Jones Indices
LLC defines the way investors measure and trade the markets. To learn more
about our company, please visit www.spdji.com.

About 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 46,900 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 www.credit-suisse.com.

Copyright © 2013, CREDIT SUISSE GROUP AG and/or its affiliates.  All rights
reserved.

Source: Credit Suisse Asset Management, LLC, 2013.

Certain information contained in this document constitutes "Forward-Looking
Statements" (including observations about markets and industry and regulatory
trends as of the original date of this document), which can be identified by
the use of forward-looking terminology such as "may", "will", "should",
"expect", "anticipate", "target", "project", "estimate", "intend", "continue"
or "believe", or the negatives thereof or other variations thereon or
comparable terminology. Due to various risks and uncertainties beyond our
control, actual events, results or performance may differ materially from
those reflected or contemplated in such forward-looking statements. Readers
are cautioned not to place undue reliance on such statements. Credit Suisse
has no obligation to update any of the forward-looking statements in this
document.

This document was produced by and the opinions expressed are those of Credit
Suisse as of the date of writing and are subject to change without obligation
to update. It has been prepared solely for information purposes and for the
use of the recipient. It does not constitute an offer or an invitation by or
on behalf of Credit Suisse to any person to buy or sell any security. Any
reference to past performance is not a guide or indicator to future
performance. The information and analysis contained in this publication have
been compiled or arrived at from sources believed to be reliable but Credit
Suisse does not make any representation as to their accuracy or completeness
and does not accept liability for any loss arising from the use hereof.

Dow Jones® and Dow Jones Credit Suisse Hedge Fund Indexes are trademarks of
Dow Jones Trademark Holdings LLC ("Dow Jones"), and Credit Suisse Group AG, as
the case may be, and have been licensed for use by Credit Suisse Index Co.,
LLC and S&P Dow Jones Indices LLC and its affiliates ("S&P Dow Jones
Indices"). STANDARD & POOR'S® and S&P® are registered trademarks of Standard &
Poor's Financial Services LLC. Investment products based on the Dow Jones
Credit Suisse Hedge Fund Indexes are not sponsored, endorsed, sold or promoted
by Dow Jones, S&P Dow Jones Indices or their respective affiliates and none of
Dow Jones, S&P Dow Jones Indices and their respective affiliates make any
representation regarding the advisability of investing in such products. 
Inclusion of a hedge fund or a company in any of these indexes does not in any
way reflect an opinion of Dow Jones, S&P Dow Jones Indices or any of their
respective affiliates on the investment merits of such fund or company. None
of Dow Jones, S&P Dow Jones Indices or any of their respective affiliates is
providing investment advice in connection with these indexes.

SOURCE Credit Suisse AG

Website: http://www.credit-suisse.com
Contact: Credit Suisse: Katherine Herring, Corporate Communications,
+1-212-325-7545, katherine.herring@credit-suisse.com; S&P Dow Jones Indices:
Dave Guarino, +1-212-438-1471, dave_guarino@spdji.com
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