The Credit Suisse Liquid Alternative Beta Index (“CSLAB”), which aims to reflect the performance of the overall hedge fund industry, finished up 0.62% in June.
The Long/Short Equity strategy was the strongest performer for the month and year-to-date, finishing up 0.91% in June and 3.75% year-to-date through June. The Event Driven strategy remains the second-highest performing strategy year-to-date and returned 3.11% through June.
The LAB series of indices seek to replicate the aggregate return profiles of hedge fund strategies using liquid, tradable instruments. LAB indices are priced daily and constructed using an objective and transparent rules-based methodology, making them appropriate candidates for index-linked products.
