New York (HedgeCo.Net) – The Credit Suisse Liquid Alternative Beta (CSLAB) was down 0.67% for the month of April. The index attempts to reflect the performance of the overall hedge fund industry.
Among the different strategies tracked, the Merger Arbitrage Liquid Index performed the best during the month with a gain of 1.78% while the top performer so far for this year is the Managed Futures Liquid Index with a gain of 6.94%.
Our own HedgeCoVest single-strategy models were up 0.27% collectively during the month of April while the HedgeCoVest Composite models were down 0.12% collectively. The HedgeCoVest Energy and Utilities Long-only model was up 7.83% during the month of April.
| April 2015 | March 2015 | YTD 2015 | |
|---|---|---|---|
| Credit Suisse Liquid Alternative Beta Index | -0.37% | 0.29% | 2.23% |
| Credit Suisse Event Driven Liquid Index | 1.37% | -1.29% | 4.04% |
| Credit Suisse Global Strategies Liquid Index | -1.13% | 0.96% | 1.72% |
| Credit Suisse Long/Short Liquid Index | -0.46% | 0.18% | 0.97% |
| Credit Suisse Merger Arbitrage Liquid Index | 1.78% | -0.85% | 1.55% |
| Credit Suisse Managed Futures Liquid Index | -3.96% | 4.28% | 6.94% |
