The Dow Jones Credit Suisse Hedge Fund Index Finished Down 0.18% in October

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Nov 15, 2012, 09:09 ET

NEW YORK, Nov. 15, 2012 /PRNewswire/ -- The Dow Jones Credit Suisse Hedge Fund Index (the "Broad Index") finished down 0.18% for the month of October.

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Performance for the Broad Index and its 10 sub-strategies is calculated monthly. October, September and YTD 2012 performance numbers are listed below and are available at www.hedgeindex.com.

Index	Oct-12	Sep-12	2012 YTD
Broad Index	-0.18%	1.04%	5.42%
Convertible Arbitrage	0.25%	0.40%	6.12%
Dedicated Short Bias	-0.07%	-3.78%	-17.62%
Emerging Markets	0.35%	2.21%	6.55%
Equity Market Neutral	-0.42%	0.56%	-0.40%
Event Driven	0.91%	1.67%	8.17%
Distressed	1.03%	1.78%	9.39%
Event Driven Multi-Strategy	0.88%	1.62%	7.63%
Risk Arbitrage	-0.77%	0.41%	0.24%
Fixed Income Arbitrage	0.87%	1.26%	9.77%
Global Macro	-0.73%	0.60%	2.53%
Long/Short Equity	-0.21%	1.57%	5.75%
Managed Futures	-4.64%	-1.37%	-4.52%
Multi-Strategy	0.34%	0.80%	8.60%

The following funds were dropped from the Dow Jones Credit Suisse Hedge Fund Index in October: Centaur Commercial Materials Fund, LiquidMacro Fund, MW Global TOPS Fund, and O`Connor Global Quantitative Equity Master Limited.

The following funds were added to the Dow Jones Credit Suisse Hedge Fund Index in October: MW European TOPS Fund, MW Market Neutral TOPS Fund, and MLIS - Marshall Wace TOPS Global Alpha UCITS.

The Dow Jones Credit Suisse family of hedge fund indexes includes:

The Dow Jones Credit Suisse Hedge Fund Index, an asset-weighted benchmark that seeks to measure hedge fund performance and provide the most accurate representation of the hedge fund universe.
The Dow Jones Credit Suisse Core Hedge Fund Index, an investable, asset-weighted hedge fund index that seeks to provide broad representation of the liquid, investable hedge fund universe with limited platform bias. The index reflects the performance of managed accounts and other regulated fund structures sourced from across a range of platforms.
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).

Additional information about the Dow Jones Credit Suisse Hedge Fund Indexes -- including research, fund performance and constituent fund information -- can be found at http://www.hedgeindex.com.

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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 offers clients its combined expertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 48,200 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.

Asset Management

In its Asset Management business, Credit Suisse offers products across a broad spectrum of investment classes, including hedge funds, credit, index, real estate, commodities and private equity products, as well as multi-asset class solutions, which include equities and fixed income products. Credit Suisse's Asset Management business manages portfolios, mutual funds and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 19 countries, Credit Suisse's Asset Management business is operated as a globally integrated network to deliver the bank's best investment ideas and capabilities to clients around the world.

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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.

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SOURCE Credit Suisse AG