Hedge Funds

CSFB/Tremont launches 10 investable indices


CSFB/Tremont has added 10 new investable hedge fund indices that are each based on a single sector and composed of funds in the CSFB/Tremont Hedge Fund Index, which was launched last year. The sector indices will include a total of 114 funds, out of the 400 funds in the parent index.

The sectors available will be convertible arbitrage, dedicated short bias, emerging markets, equity market-neutral, event-driven, fixed-income arbitrage, global macro, long/short equity, managed futures and multistrategy.

CSFB/Tremont chose the underlying funds based on asset size and liquidity levels, generally selecting the largest funds that are still open to