NEW YORK, NEW YORK (HEDGECO.NET) – CSFB is pleased to announce that products linked to the CSFB/Tremont Investable Hedge Fund Index will exceed the US$2 billion mark on June 1 in total assets throughthe sale of index-linked products.
�Exceeding the $2 billion mark is further proof of the acceptance of the CSFB/Tremont Investable Hedge Fund Index as a liquid and diversified market barometer of the hedge fund universe�, said Oliver Schupp, President of CSFB Tremont Index LLC.
�Our wide array of index-linked products now includes tailor-made products to meet the investment needs of institutions,� said Anthony Pesco, Head of the Fund-Linked Products Group at CSFB. �Additionally, our certificates listed on the Swiss stock exchange are becoming increasingly popular with individual investors.�
Investment vehicles tracking the CSFB/Tremont Investable Hedge Fund Index are now available throughout Europe and Asia, and are distributed by CSFB.
The CSFB/Tremont Investable Hedge Fund Index was launched with 60 funds across 10 style-based sectors and is designed to give investors broad exposure to hedge funds as an asset class through index-linked products.
Performance for the index and the ten style-based sector indices is calculated monthly. The funds currently included in the index are available on the web site at www.hedgeindex.com.
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