CSFB/Tremont Hedge Fund Index Products Top US$3bn In Assets

by Carla Johnson, Investors Offshore.com

11 March 2005

Credit Suisse First Boston (CSFB) announced this week that products linked to the CSFB/Tremont Investable Hedge Fund Index exceeded US$3 billion in assets under management, as of March 1, 2005.

“Reaching the $3 billion milestone indicates that our high standards of objectivity, transparency and accuracy in index construction continue to make our Investable Index accepted as a liquid and diversified market barometer of the hedge fund universe”, said Oliver Schupp, President of CSFB Tremont Index LLC.

“The global investment community's ongoing selection of the CSFB/Tremont Investable Hedge Fund Index confirms CSFB/Tremont as a leading provider of hedge fund indices."

CSFB/Tremont says that since it introduced its investment program in August of 2002, assets under management have steadily increased as its distribution network has grown. Investment vehicles tracking the CSFB/Tremont Investable Hedge Fund Indices are now available throughout Asia, Europe, the Middle East, North and South America and are
distributed by CSFB. Investors can opt to track the composite CSFB/Tremont Investable Hedge Fund Index or any of the ten CSFB/Tremont Sector Invest Indices.

The CSFB/Tremont Investable Hedge Fund Index was launched with 60 funds across 10 style-based sectors and is designed to give investors broad exposure to hedge funds as an asset class through index-linked products. Performance for the index and the ten stylebased sector indices is calculated monthly. The funds currently included in the index are
available on the web site at www.hedgeindex.com.

Credit Suisse First Boston Tremont Index LLC is the joint venture company of Credit Suisse First Boston Index
Co., Inc., a subsidiary of Credit Suisse First Boston Inc., and Tremont Capital Management, Inc. Credit Suisse
First Boston Tremont Index LLC is headquartered at 11 Madison Avenue, New York, NY 10010-3629.

Tremont Capital Management, Inc. is one of the leading global alternative investment management firms, and advises on over $11 billion in alternative investment assets. Tremont is headquartered in Rye, New York and has offices in Toronto, Bermuda and London.

Recommended