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Credit Suisse/Tremont Hedge Fund Index Group Launches LEA Index

Date: Thursday, April 3, 2008
Author: Credit Suisse/Tremont

New York, April 3, 2008 The Credit Suisse/Tremont Hedge Fund Index Group announced today that it has launched the Credit Suisse/Tremont LEA Index, a diversified index that aims to capture the high growth potential of the emerging market economies of Latin America, EEMEA (Emerging Europe, Middle East and Africa), and Asia.

Oliver Schupp, President of Credit Suisse Index Co., Inc, said, “We are pleased to announce the launch of the LEA Index, a distinctive asset-weighted index with three sub-regional indices. LEA represents the overall performance of this region-specific, emerging market hedge fund universe through a rules-based methodology. It offers systematic insight into the performance of hedge funds that seek to take advantage of the investment opportunities and inefficiencies in these three regions which are currently experiencing improved creditworthiness, strong domestic consumer demand and large inflows of foreign direct investment. The LEA Index has semi-annual rebalancing and has 42 constituent funds. The LEA Index is now available in the Specialty Indices section of our website www.hedgeindex.com.”

The LEA Index will have a constituent fund list as well as monthly and weekly publishing of performance data on www.hedgeindex.com.

The funds in the Credit Suisse/Tremont LEA Index are selected from the funds included in the LEA hedge fund universe, and weighted according to the procedures outlined in the Credit Suisse/Tremont LEA Index Rules. The fund selection rules can be found on www.hedgeindex.com and include the following criteria:

• Member funds are determined in order of size by assets under management in each region;
• Member funds generally represent the largest eligible funds in each region
• Member funds are determined by application of the LEA Index construction rules; and
• Member funds must provide timely performance reporting, audited financials and offering memorandum review for inclusion

The Credit Suisse/Tremont family of hedge fund indices includes four separate indices:

1. The Hedge Fund Index ( “Broad Index”), an asset-weighted benchmark that measures hedge fund performance;
2. The Blue Chip Index (“INVX”), an index comprised of 60 funds across the ten style-based sectors in the broad index; and
3. The AllHedge Index and Sector Invest Indices, (“SECT”) which provide investment insight in to any of the ten style-based sectors in the broad index on an individual basis or in a composite index.
4. The Specialty Indices, the first of which is the LEA Index, an asset-weighted, composite index which provides insight in to three specific regions of the emerging markets hedge fund universe.

Additional features of the Credit Suisse/Tremont Indices
• Transparency via www.hedgeindex.com and pages on Bloomberg and Reuters

Credit Suisse Tremont Index LLC is the joint venture company of Credit Suisse Index Co., Inc., a subsidiary of Credit Suisse Co., Inc., and Tremont Group Holdings, Inc. Credit Suisse Tremont Index LLC is headquartered at 11 Madison Avenue, New York, NY 10010-3629.

Credit Suisse
As one of the world's leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 45,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquarterd in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com. 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.

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 future results, performance or achievements expressed or implied by 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.

Credit Suisse Hedge Fund Index Investor Relations, telephone +1 212 538 0583, hfindices.ir@credit-suisse.com
Meg Bode, Bode Associates, telephone 516 869 6610, meg@bodeassociates.com
Suzanne Fleming, Credit Suisse, telephone 212 325 7396, suzanne.fleming@credit-suisse.com