Returns for the Credit Suisse Liquid Alternative Beta Indices suggest that hedge funds produced their best monthly returns year-to-date amid September’s market rally.
The Credit Suisse Liquid Alternative Beta Index was up 3.58 per cent last month, making September the best month of performance for hedge funds this year.
The greatest positive contributor in September was the Credit Suisse Long/Short Liquid Index which posted record returns of 5.41 per cent.
The LAB Event Driven Liquid Index was up 4.65 per cent, making it the best performing sector year-to-date with gains of 8.89 per cent.
The LAB Merger Arbitrage Liquid Index posted gains of 1.96 per cent for the month, helped by the continued activity in the M&A space.
