Wednesday, 30 July 2014
Last updated 3 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…