The Credit Suisse Liquid Alternative Beta Index (CSLAB), which aims to reflect the performance of the global hedge fund industry, finished down 1.42 per cent in January.
The Managed Futures strategy was the strongest performer for the month, with a return of 3.31 per cent, while the Merger Arbitrage strategy also finished in positive territory with a returun of 0.37 per cent.
The other three strategies that make up the CSLAB were all down with Long/Short recording the biggest decrease of -2.37 per cent, closely followed by Event Driven (-2.24 per cent), while Global Strategies was down 0.73 per cent.
