Returns for Credit Suisse’s Liquid Alternative Beta Indices suggest that hedge funds experienced positive performance in January, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse.
Drachman says: "The Credit Suisse Liquid Alternative Beta Index (CSLAB) generated positive performance in January, returning 0.18% for the month. Three out of four LAB sector indices posted gains as managers utilised a number of diverse strategies which generated positive returns across both equity and credit markets. The LAB Merger Arbitrage Liquid Index posted the highest returns in January (+1.66%) after posting returns of 8.04% in 2010."
