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Article: Credit Suisse Alternative Index Replication ("AIR") Releases Mid-Month Returns for December.
- Article from:
- Business Wire
- Article date:
- December 16, 2008
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Credit Suisse Long/Short Equity Replication Index (Net) Up 4.13% for the month through December 12th
Credit Suisse Inverse Long/Short Equity Replication Index (Net) Down 4.47% for the month through December 12th
NEW YORK -- The Credit Suisse Long/Short Equity Replication Index ("AIR LOSHO Index") was up 4.13% net for the month through December 12 according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse.
Dr. Drachman said, "Although the market environment continues to be challenging for hedge funds as volatile equity markets persist, December has so far been a promising month for hedge funds in the ...