Credit Suisse Long/Short Replication Index Up Last Month

Mar 4 2009 | 12:41pm ET

The Credit Suisse Inverse Long/Short Equity Replication Index was up 1.06% net in February, according to Jordan Drachman, head of research for alternative beta strategies at Credit Suisse.

Drachman noted that hedge funds showed relative decorrelation to the Standard & Poor’s 500 Index, which was down about 11% in February.

“In this challenging market environment, the Inverse AIR LOSHO Index was up 1.06%,” Drachman said. “By providing inverse hedge fund-like returns, the Inverse AIR LOSHO Index is able to offer investors insight into the performance of short exposure to the common factors driving the long/short equity sector of the hedge fund universe,” he said.

The AIR LOSHO Index tracks the long/short equity sector of the benchmark Credit Suisse/Tremont Hedge Fund Index.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

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

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 
Error

From the current issue of