Credit Suisse Replication Index Down Slightly For 2011

Jan 5 2012 | 3:10pm ET

A strong December wasn't enough to prevent a losing 2011 for the hedge fund industry, according to one benchmark.

The Credit Suisse Liquid Alternative Beta Index ended last year down 0.06%, despite December's 0.92% surge. Still, three out of the five strategies tracked by the replication indices manages positive returns in 2011.

In spite of a 0.78% decline last month, the merger arbitrage index added 3.14% on the year. Event-driven was up 0.43%, thanks to a 1.76% jump in December, while long/short was up 0.35% after a nearly flat December, down just 0.04%.

Managed futures did not do so well, falling 3.55% on the year after a 0.19% return last month. Global strategies fell 0.28% in 2011, but ended the year on a high note, returning 0.9% in December.


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of