The CSFB/Tremont index flat for July

The CSFB/Tremont Hedge Fund Index is flat at 0.0% for July 2001, according to Roland Lorenzo, president and chief operating Officer of Credit Suisse First Boston Tremont Index LLC.

'Absolute return strategies continue to provide uncorrelated returns for investors,' said Lorenzo. 'The CSFB/Tremont Hedge Fund Index stands alone in the plus column year-to-date, up 2.1%, as compared with all other widely-followed indices.'

Robert I Schulman, president of Tremont Advisers, added: 'The dedicated sho