Friday, 29 May 2015
Last updated 32 min ago
Jan 14 2013 | 1:11pm ET
Hedge fund redemptions hit a one-year high this month, according to SS&C Technologies.
The SS&C GlobeOp Capital Movement Index, which measures net flows into or from hedge funds, fell 2.58%. "We continue to see high volumes of asset movement between funds with both subscriptions into funds as well as redemptions posting 12-month highs and redemptions outpacing subscriptions overall," SS&C CEO Bill Stone said.
Separately, SS&C said its Hedge Fund Performance Index added 1.27% last month, making it one of the few industry benchmarks to show double-digit returns for the year. The index was up 10.32% in 2012.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…