The Credit Suisse Hedge Fund Index Finished down 0.54% in August
NEW YORK, Sept. 16, 2013
NEW YORK, Sept. 16, 2013 /PRNewswire/ --The Credit Suisse Hedge Fund Index
(the "Broad Index") finished down 0.54% for the month of August.
(Logo: http://photos.prnewswire.com/prnh/20091204/CSLOGO )
Performance for the Broad Index and its 10 sub-strategies is calculated
monthly. July, August and YTD 2013 performance numbers are listed below and
are available at www.hedgeindex.com.
Index Aug-13 Jul-13 YTD 2013
Broad Index -0.54% 0.88% 4.03%
Convertible Arbitrage 0.72% -0.08% 4.47%
Dedicated Short Bias 0.03% -5.74% -17.36%
Emerging Markets -0.24% -0.09% 2.87%
Equity Market Neutral -1.72% 2.02% 3.00%
Event Driven -0.04% 1.51% 8.60%
Distressed -0.48% 1.31% 8.87%
Event Driven Multi-Strategy 0.16% 1.61% 8.50%
Risk Arbitrage 0.01% 0.99% 2.95%
Fixed Income Arbitrage 0.21% 0.38% 1.95%
Global Macro -0.92% 0.26% 0.66%
Long/Short Equity -1.11% 1.95% 7.89%
Managed Futures -2.77% -1.06% -7.26%
Multi-Strategy 0.08% 1.16% 5.12%
The following funds were dropped from the Credit Suisse Hedge Fund Index in
August: BBVA & Partners Equity Arbitrage Master Ltd., Henderson European
Absolute Return Fund Limited, Matthes Capital Management, and Traxis Fund LP.
There were no funds added to the Credit Suisse Hedge Fund Index in August.
The Credit Suisse family of hedge fund indexes includes:
1.The Credit Suisse Hedge Fund Index, an asset-weighted benchmark that seeks
to measure hedge fund performance and provide the most accurate
representation of the hedge fund universe.
2.The Credit Suisse AllHedge Index, an investable index comprised of all 10
Credit Suisse AllHedge Strategy Indexes weighted according to the sector
weights of the Broad Index.
3.The Credit Suisse Blue Chip Hedge Fund Index, an investable index
comprised of 60 of the largest funds across the 10 style-based sectors in
the Broad Index.
Additional information about the Credit Suisse Hedge Fund Indexes -- including
research, fund performance and constituent fund information -- can be found at
Credit Suisse AG
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approximately 46,300 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.
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SOURCE Credit Suisse AG
Contact: Katherine Ewert, Corporate Communications, Credit Suisse,
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