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Index

Credit Suisse LAB Index up 1.39 per cent in September


The Credit Suisse Liquid Alternative Beta (LAB) Index was up 1.39% in September with all bar one of the sub strategies recording positive performance for the month.

Dr Jordan Drachman, Head of Alternative Beta Strategies at Credit Suisse, says: "The Credit Suisse Liquid Alternative Beta Index (CSLAB), which aims to reflect the performance of the overall hedge fund industry, finished up 1.39% in September. The Event Driven strategy was the strongest performer for the month, finishing up 2.65% in September, and the second-strongest performing strategy year-to-date, returning 6.54% year-to-date in 2013."

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