CSFB Groups Launch Sector-Specific Product Platform

November 10, 2004 (PLANSPONSOR.com) - CSFB' Fund Linked Product Group, in tandem with the company's Hedge Fund Investments Group, has launched a series of investment products for both active and index-linked platforms based on the ten sectors of the CSFB/Tremont hedge fund universe.

The new product, called ‘Sector Plus’, allows investors to choose from among 10 CSFB/Tremont Sector Invest Indices and eight sector fund of funds. CSFB groups will assist investors in constructing portfolio solutions scaled to investor risk appetite. The goal is to create flexible and tailor-made investment solutions that can be linked to Sector Plus portfolios, the company said in a press release. The full suite can be overlaid on the customized hedge fund portfolios to further diversify and identify risk levels, according to the company.

CSFB believes that strategy research and performance benchmarking will increasingly become sector-specific, according to the release, and thus it are creating portfolios with specific risk and sector exposures.

There are over $2 billion in investment products currently linked to the CSFB/Tremont Investable Hedge Fund Index. The CSFB Hedge Fund Investment Group manages over $8 billion in hedge fund portfolios as well.

«