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Article: Credit Suisse/Tremont Hedge Fund Index Confirms September Performance up 3.04%, Year-to-Date Performance up 14.97%.
- Article from:
- Business Wire
- Article date:
- October 15, 2009
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NEW YORK -- Final performance for the Credit Suisse/Tremont Hedge Fund Index ("Broad Index") is confirmed up 3.04% in September, according to Oliver Schupp, President of Credit Suisse Index Co., Inc.
Mr. Schupp said, "The Credit Suisse/Tremont Hedge Fund Index finished up 3.04% in September, bringing third quarter returns to 7.27%, marking the strongest third quarter performance for hedge funds in 12 years. The Broad Index is up to 14.97% year-to-date. The Emerging Markets strategy led the performance among sectors, returning 4.94% in September and 24.67% year-to-date." Schupp added, "Another notable sector for the month was Convertible Arbitrage, which extended ...