Credit Suisse Replication Index Up 0.59% In Sept.

Oct 2 2012 | 1:41pm ET

Hedge fund again trailed the broader markets with just three months left to make up the difference, according to a suite of industry replication indices.

The Credit Suisse Liquid Alternative Beta Index added 0.59% last month, well behind the 2.58% return for the Standard & Poor's 500 Index in September. On the year, it's not even that close: The LAB index is up 2.97%, while the S&P is up in excess of 16%.

Long/short hedge funds did best, the indices show, rising 1.34% (5.06% year-to-date). Event-driven funds added 0.94% (8.1% YTD) and global strategies 0.23% (0.34% YTD). Managed futures fell 1.32% (down 6.59% YTD) and merger arbitrage 0.87% (down 2.94% YTD).


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability. Versum is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets.