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. (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 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, email@example.com
New Credit Suisse Hedge Fund Index Commentary Offers Insight into June Hedge Fund Performance
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