The Dow Jones Credit Suisse Hedge Fund Index Finished Up 1.39% in April

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May 15, 2013, 09:37 ET

NEW YORK, May 15, 2013 /PRNewswire/ -- The Dow Jones Credit Suisse Hedge Fund Index (the "Broad Index") finished up 1.39% for the month of April.

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Performance for the Broad Index and its 10 sub-strategies is calculated monthly. March, April and YTD 2013 performance numbers are listed below and are available at www.hedgeindex.com.

Index	Apr-13	Mar -13	YTD 2013
Broad Index	1.39%	1.21%	4.99%
Convertible Arbitrage	0.14%	0.72%	2.82%
Dedicated Short Bias	-3.45%	-1.91%	-11.72%
Emerging Markets	1.62%	0.55%	6.22%
Equity Market Neutral	1.01%	0.05%	1.75%
Event Driven	1.20%	2.11%	6.03%
Distressed	1.34%	2.18%	6.39%
Event Driven Multi-Strategy	0.65%	2.08%	0.95%
Risk Arbitrage	1.13%	0.39%	5.90%
Fixed Income Arbitrage	0.34%	0.61%	2.51%
Global Macro	1.77%	0.97%	3.97%
Long/Short Equity	1.26%	1.38%	6.42%
Managed Futures	3.50%	1.74%	7.29%
Multi-Strategy	1.09%	0.62%	4.22%

The following funds were dropped from the Dow Jones Credit Suisse Hedge Fund Index in April: Chichester Commodities Fund, Halcyon Fund, and Temujin Holdings Ltd.

The following funds were added to the Dow Jones Credit Suisse Hedge Fund Index in April: AG Diversified Credit Strategies Fund, Archer Capital Master Fund LP, Axonic Credit Opportunities, Investcorp Prosiris Fund, Menta Global Fund, MW Developed Europe TOPS Fund, Nordic European Absolute Return Fund, Quantedge Global Funds, Tudor Discretionary Macro Fund, UG Greater China Multi-Strategy Fund, and Whitebox Multi-Strategy Partners LP.

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 10 style-based sectors in the Broad Index.
The Dow Jones Credit Suisse LEA Hedge Fund Index, an asset-weighted, composite index which provides insight into 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 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 46,900 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.

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SOURCE Credit Suisse AG