Credit Suisse has launched the Credit Suisse Global Equity Market Neutral ETN, its fifth alternative exchange-traded note.
Credit Suisse said it is committed to launching additional alternative ETNs, as it has carved out a unique position for itself as the only exchange-traded product provider to focus solely on alternative strategies.
“We believe market neutral strategies continue to garner interest from advisers for their risk/return profile and low correlation to market conditions,” said Greg King, head of exchange traded products at Credit Suisse. “By providing the first market neutral strategy in an ETN format, we are helping investors to efficiently tap into alternative investment strategies.”
-- This article first appeared on Money Management Executive.