Credit Suisse Nets ‘AIR’ In December

Jan 6 2009 | 1:20pm ET

The Credit Suisse Long/Short Equity Replication Index gained 2.98% in December while its Inverse Long/Short Equity Replication Index dropped 3.56% for the month. For the year, the Long/Short Equity Replication Index lost 16.59% while the Inverse Index gained 16.7%.

Jordan Drachman, head of research for alternative beta strategies at Credit Suisse, said that although the market environment for hedge funds continued to be challenging last month, the long/short equity hedge fund sector rallied on the back of an upturn in the equity markets in late December.

“Government intervention, through the historic move by the U.S. Federal Reserve to lower the Fed Funds rate to between zero and 25 bps, led to many positive market signals,” he said.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note