Hedge Funds See Redemptions

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.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Sponsored Content

Editor's Note