A long-only, unlevered asset and sector allocation strategy seeking to participate in equity market uptrends while potentially generating profits during episodic market declines. Launched in 2014.
Quantitative Investment Strategies
Quantitative Investment Strategies (CSAM QIS) is a research-focused, technology-driven investment management unit within Credit Suisse Asset Management.
For over 20 years, CSAM QIS has helped investors improve the efficiency of their portfolios.
- 1999 - Credit Suisse Hedge Fund Index family
- 2003 - Credit Suisse Blue Chip Hedge Fund Index, the industry’s first investible hedge fund index
- 2007 - Liquid Alternative Beta1
- 2011 - Managed Futures Strategy
- 2012 - Multialternative Strategy
- 2014 - Global Risk Allocation Strategy
- 2020 - CSAM QIS Dynamic Multi-Factor Diversified Index
Recognition
Liquid Alternative Beta
Multialternative Strategy
Capabilities
CSAM QIS is a leading provider of alternative investment benchmarks and systematic and process-driven investment solutions. We launched the Credit Suisse Hedge Fund Index in 1999, and we pioneered rules-based, multi-factor investing2 with our Credit Suisse Liquid Alternative Beta program3.
We employ a rigorous, research-based investment process to manage both benchmark relative and absolute return4 investment strategies.
A systematic investment program tracking the performance of the hedge fund industry, as represented by our well-regarded Credit Suisse Hedge Fund Index, using exclusively liquid and transparently priced instruments. Index launched in 2010.
An investible benchmark employed by major institutional investors and their consultants which seeks to capture significant trends across major asset classes in a manner consistent with industry benchmarks. Launched in 2011.
A process-driven program seeking to offset equity risk in large drawdown periods while generating positive returns over time. Features many strategies common to hedge funds and active, forward-looking management. Launched in 2012.
How can we help you?
How do I access diversifying strategies and manage tracking error risk?
CSAM QIS manages widely recognized investible benchmarks, providing easy access to alternatives.
What’s the right investment approach for a low yield, high duration risk environment?
Low interest rates have defined the post-GFC market landscape; our strategies offer means of replacing and timing bond investments.
How do I preserve equity upside while mitigating my downside risk?
We design our strategies to remove emotion from decision-making, calibrating exposure with opportunity.
Is there a way to offset my portfolio’s losses in a crisis event?
Financial crises pose both grave risk and tremendous opportunity.
When the world is changing so rapidly, how do I bring a forward-looking, macro awareness into my portfolio?
We seek to tackle investment challenges head-on, bringing differentiated insight into risk management and performance forecasting.
CSAM QIS Leadership
Yung-Shin Kung
Managing Director, is Head and Chief Investment Officer of CSAM QIS
Yung-Shin Kung, Managing Director, is Head and CIO of CSAM QIS and one of the industry pioneers in the development and management of liquid alternative investment strategies. Since 2009, he has held various leadership positions in Credit Suisse’s Asset Management area including Head of Portfolio Management – Americas and Global Head of Hedge Fund Research within the Alternative Funds Solutions group. Mr. Kung was a Director at Merrill Lynch in the Financial Products Group from 2006-2009, where he developed and marketed customized structured products and provided advice and guidance to hedge fund investors. Prior to his time at Merrill Lynch, Mr. Kung spent eight years at Credit Suisse First Boston in several departments including structured debt capital markets, technology investment banking, and alternative investments. Mr. Kung began his career at Credit Suisse First Boston in 1997. He served on the Advisory Board of the Rutgers Big Data in San Francisco Certificate Program and is a member of the University of Chicago’s Leaders in Philanthropy. Mr. Kung holds a B.A. in Economics from the University of Chicago, where he was elected Phi Beta Kappa, and fulfilled the college's requirements for a B.A. in Statistics.
Credit Suisse Mutual Funds
Visit the US Mutual Fund webpage below to access fund information and materials.
Contact
1 Beta is a measure of a financial instrument's volatility (risk) in relation to the market (beta of 1).
2 Factors are systematic investment strategies backed by academic science or empirical evidence which take long and short exposures across a variety of financial instruments, such as individual securities, financial indices, futures contracts or other.
3 Using only liquid securities, the Credit Suisse Liquid Alternative Beta program seeks to replicate the return of the overall hedge fund industry, as represented by the Credit Suisse Hedge Fund Index.
4 Absolute and relative performance refer to the investment programs objective. To achieve an absolute return suggests the investment manager aims to avoid generating a return of less than 0%, while relative return suggests the investment manager aims to center the investment performance around a defined benchmark.
BrokerCheck: https://brokercheck.finra.org/
Important Information about HFM Awards: The HFM awards are judged by a panel of representatives from HFM, leading institutional and private investors and industry experts. Each member of the judging panel had an equal weight in choosing the winners in each category they were assigned and sought to reach a unanimous decision, although a majority was sufficient. Judges focused on absolute performance as well as standard deviation of returns and outperformance of the relevant HFM benchmark. They also took into consideration the relative nature of the investment strategy, track-records, other supporting materials and professional knowledge they had about shortlisted funds to come to their decisions. This methodology ensured the awards reflected how institutional investors assess hedge fund performance in their allocation decisions in the real world. The judges and HFM staff had discretionary power to move submissions into alternative categories that they thought were more suitable, or to disqualify entries. All judges were required to sign a disclaimer form to keep information about entries and the final winners confidential. Please note that Credit Suisse did not pay a fee to be considered for this award. Among the funds that applied to be considered for this award, 4 were shortlisted for the Multi-alternative Risk Premia category and Credit Suisse Multialternative Strategy Fund won the HFM US Quant Award for the category. Date range for the performance numbers submitted to HFM to be considered for this award: Nov 2014 to Oct 2020. Performance used does not account for the impact of sales charge and other fees. Please note that the total number of funds submitted to HFM for consideration for this award is unavailable for disclosure. Only the total number of finalists is available.
Important Information About Lipper Awards:
Criteria for the ranking:
The merit of the winners for Lipper Fund Awards is based on entirely objective, quantitative criteria. There is no nomination process. There is no fee paid to participate. If the fund/s are eligible for Lipper Fund Awards, are in Lipper database and meets all criteria as per methodology, it will be considered. IF the fund has official sales registration in one of our award universes and is within an eligible classification with at least 3 years track record, it will be taken into consideration in our awards calculations. For funds to be considered, they need to be on the Lipper Database. There is a short video explaining the methodology and full PDF available here https://www.lipperfundawards.com/Methodology. The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award.
Category name (if applicable): Naming requirements are set for disclosing winning funds. These guidelines were provided in media guides sent, but can also be found on page 3 of methodology under naming, i.e. [Country] 2021 Winner, [Fund Name], Best [Classification] Fund Over [Period] Years e.g. Switzerland 2021 Winner, CS (Lux) Liquid Alternative Beta BUSD, Best Alternative Multi Strategies Fund Over 3 years.
Number of funds considered for the award: CS (Lux) Liquid Alternative Beta BUSD fund won for the 3 year period, and was competing against 51 other funds in Europe, 45 other funds in Switzerland and 55 other funds in Germany.
The fund’s investment objectives, risks, charges and expenses (which should be considered carefully before investing), and more complete information about the fund, are provided in the Prospectus, which should be read carefully before investing. You may obtain copies by calling 800-577-2321. For up-to-date performance, please visit our website at www.credit-suisse.com/us/funds