Sunday, 29 November 2015
Last updated 1 day ago
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.
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…