Friday, 29 July 2016
Last updated 21 min ago
Aug 10 2012 | 12:55pm ET
Hedge funds inflows rose 1.36% in August, according to the SS&C GlobeOp Capital Movement Index.
“Net inflows resumed in August taking the cumulative Index to a new high despite the continued uncertainty in European and U.S. markets," said Bill Stone, chairman and CEO, SS&C Technologies. "Interestingly, outflows for the month were the lowest we have seen for August since we started tracking the Index.”
The SS&C GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C GlobeOp on the GlobeOp platform divided by their total assets under administration.
Total assets on this platform represent about 10% of hedge fund industry AUM.