Investors Pull Money From Hedge Funds In Oct.

Oct 11 2012 | 1:45pm ET

As a year of mediocre hedge fund performance draws to a close, investors have begun to quit the asset class.

Investors redeemed a net 0.67% of total hedge fund assets, according to the SS&C GlobeOp Capital Movement Index. The net withdrawal was only the third month this year that investors have pulled more money from hedge funds then they put in.

This month is also the first October in three to see net outflows.

"Inflows have remained steady, while outflows have spiked in line with quarter-end rebalancing," SS&C Technologies CEO Bill Stone said.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

AIMA: How The U.K.'s SMCR Will Affect U.S. Firms

Jun 20 2017 | 6:29pm ET

U.S. investment managers need to think seriously about how tough new U.K. conduct...

 

From the current issue of