CSFB/Tremont hedge fund index up 0.4%

The CSFB/Tremont Hedge Fund Index is up 0.4% for October 2001, according to Robert S. Sloan, chief executive officer of Credit Suisse First Boston Tremont Index LLC.

'Absolute return strategies continue to provide risk diversification during this remarkably volatile time in the markets,' said Sloan. 'The CSFB/Tremont Hedge Fund Index remains alone in the plus column year-to-date ” up 2.6% ” as other global indices are down double-digits despite improvements during October.

'Managed futures progr