Saturday, 28 November 2015
Last updated 1 day ago
Oct 12 2011 | 10:34am ET
Investors still have faith in hedge funds, despite a rocky third quarter.
The GlobeOp Capital Movement Index, which measures hedge fund flows, advanced 0.31% in October.
Cumulatively, the index stood at 137.46 points in October, up 0.31 points from September 2011. The index has advanced 14.26 points over the past 12 months.
“Hedge fund investors remain committed,” said Hans Hufschmid, CEO of hedge fund administrator GlobeOp. “After a double-digit decline in equities over the quarter, alternative investments continue to hold their attraction.”
The index represents the monthly net of hedge fund subscriptions and redemptions divided by the total assets under administration by GlobeOp’s clients.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…