New CSFB/Tremont Hedge Fund Index Research on Hedge Fund Indices |
Date: Thursday, February 15, 2007
Author: Credit Suisse/Tremont
Media Release |
New Credit Suisse/Tremont Hedge Fund Index Research Reveals that hedge funds indices are not directly comparable to their traditional counterpart |
New York, February 13, 2007
Credit Suisse Index Co., Inc. today released its latest industry
commentary, The Hedge Fund Industry Rocks Both Bear and Bull Markets,
revealing that the long and short term outlook for hedge funds makes
them a favorable investment vehicle in both bull and bear markets with
a uniqueness in asset mix and strategies that is not directly
comparable to their traditional counterparts that represent a single
asset class. Hedge funds are designed to preserve capital in periods of
general market downturns while capturing upside potential with the
advantage of hedging against systemic market shocks through the use of
derivatives and short selling.
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“The unique added value of hedge funds is their ability to produce attractive risk adjusted returns across a range of asset classes over a short and long term investment horizon, independent of broad market trends,” said Oliver Schupp, President of Credit Suisse Index Co., Inc. “Hedge funds, as represented by the Credit Suisse/Tremont Hedge Fund Index, maintain exposure to a range of asset classes making them a more balanced investment vehicle compared to traditional indices. Therefore, as a diverse portfolio of asset classes, a comparison to a traditional market index that represents a single asset class is misleading and inaccurate.” Some of the findings in The Hedge Fund Industry Rocks Both Bear and Bull Markets include the following:
Credit Suisse/Tremont industry commentaries and publications are available on the Research page in the News & Press section of our website, www.hedgeindex.com. Information Oliver Schupp, Credit Suisse, telephone 212 538 8179, oliver.schupp@credit-suisse.com
Credit Suisse
In its asset management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income and multiple-asset class products, to alternative investments such as real estate, hedge funds, private equity and volatility management. Credit Suisse’s asset management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 18 countries, Credit Suisse’s asset management business is operated as a globally integrated network to deliver the bank’s best investment ideas and capabilities to clients around the world. The asset management business of Credit Suisse is comprised of a number of legal entities around the world that are subject to distinct regulatory requirements; certain asset management products and services may not be available in all jurisdictions or to all client types. |
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Certain statements in this Press Release constitute
“forward looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors, which may cause the actual results, performance or
achievements of the companies to be materially different from any
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such forward looking statements. The Companies assume no obligation to
update these forward looking statements to reflect actual results,
changes in assumption or changes in other factors affecting such
forward looking statements. The information provided herein is confidential and may not be distributed to others without the consent of Credit Suisse Alternative Capital, Inc. Funds and Alternative Solutions. These materials do not constitute an offer to sell securities or a solicitation of an offer to buy securities; no offer to sell or solicitation of an offer to buy any security may be made without the delivery of a private placement memorandum. The use of risk management tools and models do not guarantee investment performance. Past performance is not indicative of future results. This presentation may not be altered except by members of Funds and Alternative Solutions. |