The Credit Suisse LAB Index was down 1.07% in June according to Dr. Jordan Drachman, Head of Alternative Beta Strategies at Credit Suisse.
Dr. Drachman noted, "The Credit Suisse Liquid Alternative Beta Index ("CSLAB"), which aims to reflect the performance of the overall hedge fund industry, finished down 1.07% in June. The Managed Futures strategy was the strongest performer for the month, finishing up 0.69% in June, and up 6.15% year-to-date."
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