Credit Suisse First Boston Index and Tremont Advisers have formed a...

Credit Suisse First Boston Index and Tremont Advisers have formed a joint venture to construct a series of benchmarks for the hedge fund industry and to launch a line of investible index strategies tied to the indexes.Credit Suisse First Boston Tremont Index will launch the CSFB Tremont Hedge Fund index in early October, said Robert Sloan, managing director of CSFB, followed by the launch of a series of capital-weighted subindexes based on different investment strategies and styles. The indexes will be constructed using the Tass+ database of more than 2,600 hedge funds.