Friday, 22 August 2014
Last updated 7 hours ago
Apr 11 2013 | 12:12pm ET
Investors redeemed more money from than they added to hedge funds this month.
The SS&C GlobeOp Capital Movement Index, which measures the monthly net of hedge fund subscriptions and redemptions among funds administered by SS&C Technologies' GlobeOp platform, fell 1.22% this month. The decline follows net inflows in both February and March.
"April brings higher capital activity volume with redemptions outpacing subscriptions, which is in line with last month's slightly higher Forward Redemption Indicator," SS&C CEO Bill Stone said.
SS&C also said that its SS&C GlobeOp Hedge Fund Performance Index showed that the average hedge fund gained 1.22% last month, a far cry from the 3.6% jump by the Standard & Poor's 500 Index.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note