|
|
Article: Credit Suisse Alternative Index Replication ("AIR") Releases April Returns.
- Article from:
- Business Wire
- Article date:
- May 5, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Credit Suisse Global Macro Replication Index (Net) Down 0.37% in April Credit Suisse Inverse Global Macro Replication Index (Net) Up 0.12% in April Credit Suisse Long/Short Equity Replication Index (Net) Up 0.14% in April Credit Suisse Inverse Long/Short Equity Replication Index (Net) Down 0.53% in April
NEW YORK -- The Credit Suisse Long/Short Equity Replication Index ("AIR LOSHO Index") was up 0.14% net in April according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse.
Dr. Drachman noted, "In an environment where the S&P 500 was up approximately 10% in April, hedge funds returned positive performance. By ...