CSFB/Tremont Index Assets Reach Milestone

NEW YORK (HedgeWorld.com)--Total assets linked to the CSFB/Tremont Investable Hedge Fund Index will exceed US$2 billion on June 1, according to the company.

"Our wide array of index-linked products now includes tailor-made products to meet the investment needs of institutions," said Anthony Pesco, head of the Fund-Linked Products Group at CSFB, in a statement.

In addition, index-based certificates listed on the Swiss stock exchange are becoming increasingly popular with individual investors, he said. Various investment vehicles tracking the index are now available through Europe and Asia.

Other hedge fund indexes also have been receiving large capital inflows. Assets linked to the MSCI Hedge Invest Index went over US$2.1 billion early this month and the S&P index had around US$1 billion in assets as of February (see ).

Some industry commentators have been predicting fast growth in index assets since last year (see ).

CKurdas@HedgeWorld.com

Contact Robert F. Keane with questions or comments at:

bkeane@ia-mag.com.

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