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Credit Suisse: Hedge Funds Up 2.67% In Sept.

Hedge funds continued their run of success in September, according to early figures from the Credit Suisse Index Co.

The Credit Suisse/Tremont Hedge Fund Index rose an estimated 2.67% last month and is up 14.56% year-to-date. All but one of the 14 strategies and substrategies tracked by Credit Suisse were in positive territory in September, led by emerging markets funds, which continued their renaissance after last year’s huge losses with a 4.48% return. The strategy is up 24.11% on the year, the second-best of any strategy through three quarters. See Full Story