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: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

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

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...

 

FINalternatives Trending

From the current issue of