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January 26, 2009

One for the History Books: New Credit Suisse/Tremont Hedge Fund Index Research Paper Reviews Hedge Fund Performance in 2008

New York, January 26, 2008 Credit Suisse Tremont Index LLC today released a new research piece, One for the History Books: Hedge Fund Performance in 2008, a review of the factors which contributed to hedge funds dismal  -19% returns in 2008


The report discusses the impact of events such as the fall of Lehman Brothers, the short sale ban and the scandal surrounding Bernard Madoff, offering insight into the impact of each event on individual sectors and the hedge fund industry as a whole. The piece also offers some comparison to past market downturns, periods in which strategies saw severe declines in assets under management and how performance was impacted in the years to follow. Some key takeaways from the report include:


n         The Broad Index, a diversified, asset weighted hedge fund index comprised of 496 underlying hedge funds (as of December 31, 2008), was down 19% for the year marking 2008 the worst year in the history of hedge funds


n         It is estimated that the hedge fund industry lost approximately 29% of assets in 2008, totaling $582 billion, representing the first time in six years that the hedge fund industry has seen net asset losses. 


Click HERE for a copy of the full report.


Additional Credit Suisse Tremont Index LLC industry commentaries and publications are available on the Research section of our website,



Credit Suisse Hedge Fund Index Investor Relations, telephone +1 212 538 0583,

Meg Bode, Bode Associates, telephone 516 869 6610,

Tamsin Chance, Corporate Communications, Credit Suisse, telephone 212 325 1863,



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Certain information contained in this document constitutes “Forward-Looking Statements” (including observations about markets and industry and regulatory trends as of the original date of this document), which can be identified by the use of forward-looking terminology such as “may”, “will”, “should”, “expect”, “anticipate”, “target”, “project”, “estimate”, “intend”, “continue” or “believe”, or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties beyond our control, actual events, results or performance may differ materially from those reflected or contemplated in such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Credit Suisse has no obligation to update any of the forward-looking statements in this document.





© 1999-2017 Credit Suisse Hedge Index LLC. All rights reserved.Credit Suisse Hedge Fund Index was formerly known as Dow Jones Credit Suisse Hedge Fund Index from June 22, 2010 to September 15, 2013. Credit Suisse AllHedge Index was formerly known as Dow Jones Credit Suisse AllHedge Index from June 22, 2010 to September 15, 2013. Credit Suisse Blue Chip Hedge Fund Index was formerly known as Dow Jones Credit Suisse Blue Chip Hedge Fund Index from June 22, 2010 to September 15, 2013.