Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

2091

Credit Suisse Alternative Index Replication sees inverse index gain in early January

RELATED TOPICS​

The Credit Suisse Inverse Long/Short Equity Replication Index was up 0.61 per cent net for the month through 15 January, according to Jordan Drachman, head of research for alternative b

The Credit Suisse Inverse Long/Short Equity Replication Index was up 0.61 per cent net for the month through 15 January, according to Jordan Drachman, head of research for alternative beta strategies at Credit Suisse.

The Long/Short Equity Replication Index was down by 0.74 per cent.

‘Following a drop in equity market volatility in late December, volatility increased after the first week in January and remains high compared to historical levels,’ Drachman (photo) says. ‘The mixed market signals created a challenging environment for hedge funds. Hence, through mid-January, the Credit Suisse Inverse Long/Short Equity Replication Index has responded with positive performance.’

‘By providing inverse hedge fund-like returns, the index is able to offer investors insight in to the performance of short exposure to the common factors driving the long/short equity sector of the hedge fund universe.’

The Alternative Index Replication Long/Short Equity Replication Index seeks to track the long/short equity sector of the benchmark Credit Suisse/Tremont Hedge Fund Index.

The Alternative Index Replication Long/Short Equity Replication Index reflects the return of a basket of liquid, investible market factors selected and weighted in accordance with an algorithm that aims to approximate the aggregate returns of the universe of long/short equity hedge fund managers.

The Inverse Long/Short Equity Replication Index reflects the return of a basket of market factors in accordance with an algorithm that aims to approximate the aggregate returns of short exposure to the long/short equity universe.

Latest News

New research from Carne Group reveals fund managers expect alternative asset classes to see the..
Brown Brothers Harriman & Co has expanded its relationship with AllianceBernstein (AB), by adding to..
The trading and investment platform eToro has extended its proxy voting feature to all stocks..

Related Articles

The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by