|
|
Article: Credit Suisse/Tremont Hedge Fund Index Confirms August Performance up 1.53%, Year-to-Date Performance up 11.57%.
- Article from:
- Business Wire
- Article date:
- September 15, 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)
|
NEW YORK -- Final performance for the Credit Suisse/Tremont Hedge Fund Index ("Broad Index") is confirmed up 1.53% in August, according to Oliver Schupp, President of Credit Suisse Index Co., Inc.
Mr. Schupp said, "August marks the sixth straight month of positive performance for hedge funds as measured by the Broad Index, bringing the Credit Suisse/Tremont Hedge Fund Index up to 11.57% year-to-date. Convertible Arbitrage strategies led the performance among sectors and extended their run of positive performance to eight consecutive months, returning 3.39% in August and 35.58% year-to-date." Schupp added, "Another notable sector for the month is Fixed Income ...