CSFB/Tremont Index will launch its Sector Invest indexes Nov. 1. The...

CSFB/Tremont Index will launch its Sector Invest indexes Nov. 1. The 10 investible hedge fund indexes cover convertible arbitrage, dedicated short bias, emerging markets, equity market neutral, event driven, fixed-income arbitrage, global macro, long/short equity, managed futures and multistrategy. The indexes "aim to achieve a high degree of representation" and generally include the largest hedge funds in each sector, according to a company statement. The new indexes are derived from the more general CSFB/Tremont Hedge Fund index and currently include 114 underlying managers.