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New Credit Suisse Hedge Fund Index Commentary Offers Insight into June Hedge Fund Performance

 New Credit Suisse Hedge Fund Index Commentary Offers Insight into June Hedge
                               Fund Performance

PR Newswire

NEW YORK, July 19, 2013

NEW YORK, July 19, 2013 /PRNewswire/ --The Credit Suisse Hedge Fund Index
finished down 1.66% in June. A new monthly commentary offers insight into
hedge fund performance through the month of June. Some key findings from the
report include:

  oHedge funds, as measured by the Credit Suisse Hedge Fund Index, finished
    June down 1.66%, with 2 out of 10 strategies in positive territory;
  oIn total, the industry saw estimated outflows of approximately $1.09
    billion in June, bringing overall assets under management for the industry
    to approximately $1.95 trillion;
  oThe Equity Market Neutral sector experienced the largest asset inflows on
    a percentage basis, with inflows in June equal to 1.11% of the May 2013
    levels;
  oEvent Driven funds experienced modestly negative performance against the
    backdrop of general market fears of a reduction in global central bank
    liquidity; and,
  oLong/Short Equity funds posted overall negative performance in June as
    global equity markets slid during the latter half of the month.

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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 June hedge fund performance, in-depth commentary on
individual hedge fund sectors and hedge fund return dispersion statistics for
each strategy.

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.





SOURCE Credit Suisse AG

Website: http://www.credit-suisse.com
Contact: Katherine Herring, Corporate Communications, Credit Suisse,
+1-212-325-7545, katherine.herring@credit-suisse.com
 
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