Wednesday, 25 November 2015
Last updated 3 hours 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.
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…