Dow Jones Credit Suisse Core Hedge Fund Index up 1.44% in April |
Date: Friday, May 6, 2011
Author: Alex Akesson, HedgeCo.Net
New York (HedgeCo.net) – The Dow Jones Credit Suisse Core Hedge Fund Index finished at 1.44% in April, up from -0.08% in March. The index stands at +2.62% year to date.
“After a downturn mid-month, the Dow Jones Credit Suisse Core Hedge Fund Index rebounded to finish up 1.44% in April.” Oliver Schupp, President of Credit Suisse Index Co., LLC, said, “Managed Futures was the best performing sector, gaining 4.78% for the month as trading models successfully picked up on reversals in market movements across sectors.”
The Dow Jones Credit Suisse Core Hedge Fund Index is the first hedge fund index designed to reflect the performance of managed accounts and other regulated fund structures sourced from multiple best-in-class managed account platforms, creating a view of the liquid, investable hedge fund universe. Rebalanced quarterly, the Dow Jones Credit Suisse Core Hedge Fund Index is UCITS III compliant and includes 40 component funds.
Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
Reproduction in whole or in part without permission is prohibited.
