New Credit Suisse/Tremont Commentary Offers Insight Into March Hedge Fund Performance

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Apr 20, 2010, 02:09 ET

NEW YORK, April 20 /PRNewswire/ -- The Credit Suisse/Tremont Hedge Fund Index Gained 2.22% in March; Managed Futures and Directional Strategies Post Best Performance.

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A new monthly commentary offers insight into March hedge fund performance. Some key findings from the report include:

All strategies except Dedicated Short Bias were positive for the month, with five strategies registering gains over the 2.0% mark.

Managed Futures managers experienced the best performance in March, with gains of 4.25% largely due to trend followers who were able to generate profits across many sectors including equities, commodities and currencies.

The second highest performer, Emerging Markets, benefited from the rallying of risky assets and the economic recovery as concern surrounding the ongoing Greek debt crisis appeared to ease

Long/Short Equity managers also delivered gains in March, up 2.99%, as equity markets around the globe experienced run-ups, although many managers remained cautions due to broad macro-economic concerns

Credit Suisse Tremont Index LLC industry commentaries and publications are available on the Research section of our website, www.hedgeindex.com. Click here to view the full report which includes an overview of March hedge fund performance, in-depth commentary on individual hedge fund sectors and hedge fund return dispersion statistics for each strategy.

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SOURCE Credit Suisse AG