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Hedge funds positive in December, says Credit Suisse LAB Index

Date: Wednesday, January 12, 2011
Author: Wendy Chothia, HedgeWeek

Returns for Credit Suisse's LAB Liquid Indices suggest that hedge funds experienced positive performance in December according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse.

"The Credit Suisse Liquid Alternative Beta Index posted positive performance in December, finishing up 2.77%," says Drachman. "Overall, all five indices posted positive performance for the month, and each liquid index will finish in positive territory for the year. The Event Driven Liquid Index posted the strongest returns, finishing up 13.66% year-to-date."