Friday, 6 March 2015
Last updated 11 min ago
Nov 10 2011 | 10:53am ET
Hedge fund investors aren't flocking to the industry, but they aren't exiting in large numbers, either, a new report shows.
The GlobeOp Capital Movement Index fell to 0.72% in the month ended Nov. 1, down from 3.25% a month earlier. That makes it the month with the lowest number of redemptions since May.
It also makes it the third-best month for net inflows of the year at 2.05%.
"Subscriptions this month are consistent with this year's average, while the positive net flow primarily reflects low redemptions for November," Hans Hufschmid, CEO of GlobeOp Financial Services, said.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…