The Credit Suisse Liquid Alternative Beta Index (CSLAB), which aims to reflect the performance of the overall hedge fund industry, finished up 1.38% in July. 

The Long/Short Equity strategy was the strongest performer for the month and year-to-date, finishing up 4.65% in July and 5.61% year-to-date. Although the Event Driven and Merger Arbitrage strategies were down in July, all strategies posted positive performance year-to-date.

The LAB indices are calculated by Alternative Liquid Trading Strategies (ALTS), a specialised investment boutique within Credit Suisse Asset Management. The ALTS team is comprised of investment professionals with extensive experience in research, investment strategy development, portfolio management, and trading.