Investors seeking to diversify portfolios have put $2bn (€1.6bn) into the CSFB/Tremont hedge fund index tracker in just eight months.
CSFB/Tremont, a joint venture of Credit Suisse First Boston and Tremont Capital Management, the hedge fund research and management firm, launched its investable index to give broad exposure to the whole hedge fund asset class. The investable index covers 60 hedge funds across 10 styles.