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Credit Suisse LAB Index up 0.53 per cent in August

The Credit Suisse Liquid Alternative Beta Index was up 0.53 per cent in August, according to Jordan Drachman, head of research for alternative beta strategies at Credit Suisse.

The long/short strategy was the most significant contributor to performance, finishing up 2.05 per cent for the month.

The event driven strategy was the second-highest contributor to performance, finishing up 1.38 per cent for the month. It has the highest performance year-to-date, up 7.10 per cent.

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