Credit Suisse First Boston reported that hedge fund products linked to the CSFB/Tremont Investable Hedge Fund Index exceeded US$3 billion in assets under management, as of March 1.

CSFB/Tremont introduced its investment program in August of 2002, and investment vehicles tracking its hedge fund indices are now available throughout Asia, Europe, the Middle East, North and South America and are distributed by CSFB. Investors can opt to track the composite CSFB/Tremont Investable Hedge Fund Index or any of the ten CSFB/Tremont Sector Invest Indices.

The CSFB/Tremont Investable Hedge Fund Index was launched with 60 funds across 10 style-based sectors and is designed to give investors broad exposure to hedge funds as an asset class through index-linked products.

“Reaching the $3 billion milestone indicates that our high standards of objectivity, transparency and accuracy in index construction continue to make our Investable Index accepted as a liquid and diversified market barometer of the hedge fund universe,” said Oliver Schupp, president of CSFB Tremont Index LLC.