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Article: Credit Suisse Alternative Index Replication ("AIR") Releases December Returns.
- Article from:
- Business Wire
- Article date:
- January 6, 2009
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Credit Suisse Long/Short Equity Replication Index (Net) Up 2.98% in December
Credit Suisse Inverse Long/Short Equity Replication Index (Net) Down 3.56% in December
NEW YORK -- The Credit Suisse Long/Short Equity Replication Index ("AIR LOSHO Index") was up 2.98% net in December, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse.
Dr. Drachman said, "Although the market environment for hedge funds continued to be challenging last month, the long/short equity hedge fund sector rallied on the back of an upturn in the equity markets in late December. Government intervention, through the historic move by ...