Hedge Fund Index Up 1.73% in October
Press release from the issuing company
Tuesday, November 15th, 2011
The Dow Jones Credit Suisse Hedge Fund Index rebounded from September losses to start the fourth quarter up 1.73%.
Oliver Schupp, President of Credit Suisse Index Co., LLC,said, "The Dow Jones Credit Suisse Hedge Fund Index was up 1.73% in October, marking its largest monthly gain since April. Long/Short Equity was the best performing sector, finishing up 4.45% for the month, while Emerging Markets gained 3.70%. Conversely, the Dedicated Short Bias sector was the worst performer, declining -9.59% in October; the strategy, however, remains up 2.34% year-to-date."
Performance for the Broad Index and its ten sub-strategies is calculated monthly. October, September and YTD performance numbers are listed below:
|
Index |
October |
September |
YTD |
|
|
Broad Index |
1.73% |
-3.20% |
-1.53% |
|
|
Convertible Arbitrage |
1.18% |
-1.77% |
1.10% |
|
|
Dedicated Short Bias |
-9.59% |
8.45% |
2.34% |
|
|
Emerging Markets |
3.70% |
-7.47% |
-3.43% |
|
|
Equity Market Neutral |
2.76% |
-2.22% |
4.90% |
|
|
Event Driven |
2.56% |
-5.06% |
-7.38% |
|
|
Distressed |
1.99% |
-3.28% |
-3.02% |
|
|
Event Driven Multi-Strategy |
2.90% |
-6.15% |
-9.97% |
|
|
Risk Arbitrage |
1.91% |
-1.63% |
1.47% |
|
|
Fixed Income Arbitrage |
0.14% |
-0.19% |
3.78% |
|
|
Global Macro |
0.18% |
-0.07% |
6.01% |
|
|
Long/Short Equity |
4.45% |
-5.22% |
-5.08% |
|
|
Managed Futures |
-5.06% |
-0.78% |
-5.11% |
|
|
Multi-Strategy |
2.05% |
-2.37% |
2.61% |
|
