NEW YORK, Feb. 5, 2013 /PRNewswire/ -- The Dow Jones Credit Suisse Core Hedge Fund Index closed up 1.61% in January as each of the seven index component strategies reported positive results for the month.
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The Dow Jones Credit Suisse Core Hedge Fund Index provides daily published index values which seek to enable investors to track the impact of market events on the hedge fund industry. December 2012, January and year-to-date 2013 performances are listed below and are available at www.hedgeindex.com.
Jan 2013 |
Dec 12 |
YTD 2013 |
|
Dow Jones Credit Suisse Core Hedge Fund Index |
1.61% |
0.99% |
1.61% |
Convertible Arbitrage |
1.24% |
0.49% |
1.24% |
Emerging Markets |
1.40% |
1.34% |
1.40% |
Event Driven |
2.05% |
2.14% |
2.05% |
Fixed Income Arbitrage |
1.23% |
0.28% |
1.23% |
Global Macro |
1.10% |
0.89% |
1.10% |
Long/Short Equity |
2.14% |
0.54% |
2.14% |
Managed Futures |
1.54% |
0.15% |
1.54% |
About the Dow Jones Credit Suisse Core Hedge Fund Index
Following the market events of 2008, increased attention has been focused on liquid hedge fund structures, including managed accounts which tend to offer greater liquidity and increased transparency. The Dow Jones Credit Suisse Core Hedge Fund Index is the only hedge fund index to seek to measure the performance of this rapidly growing industry segment by sourcing funds from multiple managed account platforms, an advantage over indices which are built on a single managed account platform that may have a particular sector bias.
The Dow Jones Credit Suisse family of hedge fund indexes also includes:
- The Dow Jones Credit Suisse Hedge Fund Index, an asset-weighted benchmark that measures hedge fund performance and seeks to provide the most accurate representation of the hedge fund universe.
- The Dow Jones Credit Suisse AllHedge Index, an investable index comprised of all 10 Dow Jones Credit Suisse AllHedge Strategy Indexes weighted according to the sector weights of the Broad Index.
- The Dow Jones Credit Suisse Blue Chip Hedge Fund Index, an investable index comprised of 60 of the largest funds across the ten style-based sectors in the Broad Index.
- The Dow Jones Credit Suisse LEA Hedge Fund Index, an asset-weighted, composite index which provides insight in to three specific regions of the emerging markets hedge fund universe (Latin America, EEMEA (Emerging Europe, Middle East and Africa) and Asia).
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of institutional and retail investors. More assets are invested in products based upon our indices than any other provider in the world. With over 830,000 indices covering a wide range of assets classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.
About Credit Suisse AG
Credit Suisse AG
Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse is able to offer clients its expertise in the areas of private banking, investment banking and asset management from a single source. Credit Suisse provides specialist advisory services, comprehensive solutions and innovative products to companies, institutional clients and high net worth private clients worldwide, and also to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 48,400 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.
Copyright © 2013, CREDIT SUISSE GROUP AG and/or its affiliates. All rights reserved.
Certain information contained in this document constitutes "Forward-Looking Statements" (including observations about markets and industry and regulatory trends as of the original date of this document), which can be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "anticipate", "target", "project", "estimate", "intend", "continue" or "believe", or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties beyond our control, actual events, results or performance may differ materially from those reflected or contemplated in such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Credit Suisse has no obligation to update any of the forward-looking statements in this document.
This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change without obligation to update. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not a guide or indicator to future performance. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.
"Dow Jones®" and "The Dow Jones Credit Suisse Hedge Fund Indexes" are service marks of Dow Jones Trademark Holdings LLC ("Dow Jones"), and Credit Suisse Group AG, as the case may be, and have been licensed for use by Credit Suisse Index Co., LLC and S&P Dow Jones Indices LLC. S&P is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"). It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates, parents, subsidiaries, directors, officers, shareholders, employees and agents (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other vehicle that is offered by third parties and that seeks to provide an investment return based on the returns of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices or its affiliates do not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.
SOURCE Credit Suisse AG
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