The Dow Jones Credit Suisse Core Hedge Fund Index Down 2.88% in August versus Losses of 7.69% for Global Equity Markets

New
York, September 6, 2011 – The Dow Jones
Credit Suisse Core Hedge Fund Index fell less than half that of broad equity
indexes in August.



Oliver Schupp, President of

Credit Suisse Index Co., LLC, said, “The Dow Jones Credit Suisse Core Hedge

Fund Index finished down 2.88% in August. Despite challenging conditions

throughout the month, hedge funds appeared to be effective in providing a degree

of capital preservation when compared to global equity markets, which fell

7.69% as represented by the Dow Jones Global Index. This outperformance is

largely due to the strategic de-risking of many managers who began reducing net

exposure in the weeks, or even months, preceding the correction.”




For further analysis of how

hedge funds performed in the weeks following S&P’s downgrade of the U.S.

credit rating, please see our August 14th press release “Hedge Fund

Hold Their Own in August” or click here.








Index


Aug 11




Jul 11




2011

YTD






Dow Jones Credit

Suisse Core Hedge Fund Index		


-2.88%




0.20%




-3.76%






Convertible Arbitrage


-3.46%




-0.56%




-3.60%






Emerging Markets


-3.45%




1.20%




0.04%






Event Driven


-5.31%




-1.22%




-8.06%






Fixed Income Arbitrage


-0.66%




-0.35%




1.35%






Global Macro


-1.84%




-0.16%




-5.95%






Long/Short Equity


-3.56%




0.20%




-3.23%






Managed Futures


1.03%




3.61%




0.02%










 




About the Dow Jones Credit Suisse

Core Hedge Fund Index




Following

the market events of 2008, increased attention has been focused on liquid hedge

fund structures, including managed accounts, which tend to offer superior

liquidity and transparency. The Dow Jones Credit Suisse Core Hedge Fund Index

is the only hedge fund index to measure the performance of this rapidly growing

industry segment by sourcing funds from multiple best-in-class managed account

platforms, an advantage over indices which are built on a single managed

account platform that may have a particular sector bias.




The Dow Jones Credit Suisse family of

hedge fund indexes also includes: 




1.     The

Dow Jones Credit Suisse Hedge Fund Index, an asset-weighted benchmark that

measures hedge fund performance and seeks to provide the most accurate representation

of the hedge fund universe.




2.     The

Dow Jones Credit Suisse AllHedge Index, an investable index comprised of all 10

Dow Jones Credit Suisse AllHedge Strategy Indexes weighted according to the

sector weights of the Broad Index.




3.     The

Dow Jones Credit Suisse Blue Chip Hedge Fund Index, an investable index

comprised of 60 of the largest funds across the ten style-based sectors in the

Broad Index.




4.     The

Dow Jones Credit Suisse LEA Hedge Fund Index, an asset-weighted, composite

index which provides insight in to three specific regions of the emerging

markets hedge fund universe (Latin America, EEMEA (Emerging Europe, Middle East

and Africa) and Asia).




Contact

Information




Credit Suisse




Katherine Herring,

Corporate Communications, +1-212-325-7545, katherine.herring@credit-suisse.com




Dow Jones

Indexes




Rich Silverman,

Director, Global PR, +1-212-299-2414 richard.silverman@djindexes.com




About Dow

Jones Indexes




Dow Jones Indexes (www.djindexes.com) is a leading

full-service index provider that develops, maintains and licenses indexes for

use as benchmarks and as the basis of investment products. Best-known for the

Dow Jones Industrial Average, Dow Jones Indexes offers more than 130,000 equity

indexes as well as fixed-income and alternative indexes, including measures of

hedge funds, commodities and real estate. Dow Jones Indexes employs clear,

unbiased and systematic methodologies that are fully integrated within index

families. Dow Jones Indexes is part of a joint venture company owned 90 percent

by CME Group Inc. (www.cmegroup.com) and

10 percent by Dow Jones & Company, Inc. (www.dowjones.com),

a News Corporation company (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV; www.newscorp.com).




About

Credit Suisse AG




Credit

Suisse AG is one of the world’s leading financial services providers and is

part of the Credit Suisse group of companies (referred to here as ‘Credit

Suisse’). As an integrated bank, Credit Suisse offers clients its combined

expertise in the areas of private banking, investment banking and asset

management. Credit Suisse provides advisory services, comprehensive solutions

and innovative products to companies, institutional clients and high-net-worth

private clients globally, as well as to retail clients in Switzerland. Credit

Suisse is headquartered in Zurich and operates in over 50 countries worldwide.

The group employs approximately 50,100 people. The registered shares (CSGN) of

Credit Suisse’s parent company, Credit Suisse Group AG, are listed in

Switzerland and, in the form of American Depositary Shares (CS), in New York.

Further information about Credit Suisse can be found at www.credit-suisse.com.




Asset

Management




In

its Asset Management business, Credit Suisse offers products across a broad

spectrum of investment classes, including hedge funds, credit, index, real

estate, commodities and private equity products, as well as multi-asset class

solutions, which include equities and fixed income products. Credit Suisse’s

Asset Management business manages portfolios, mutual funds and other investment

vehicles for a broad spectrum of clients ranging from governments, institutions

and corporations to private individuals. With offices focused on asset

management in 19 countries, Credit Suisse’s Asset Management business is

operated as a globally integrated network to deliver the bank’s best investment

ideas and capabilities to clients around the world.




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businesses of Credit Suisse are subject to distinct regulatory requirements;

certain products and services may not be available in all jurisdictions or to

all client types.




Copyright © 2011,

CREDIT SUISSE GROUP AG and/or its affiliates.

All rights reserved.




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

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Credit Suisse does not make any representation as to their accuracy or

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hereof.




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Jones Credit Suisse Hedge Fund Indexes” and “Dow Jones Indexes” are service

marks of Dow Jones Trademark Holdings LLC (“Dow Jones”), and Credit Suisse

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