Friday, 25 July 2014
Last updated 1 hour ago
May 13 2013 | 1:36pm ET
Hedge funds are bouncing this month after suffering net redemptions in April.
The SS&C GlobeOp Capital Movement Index returned to positive territory this month at 0.63%. The figure represents the monthly net of subscriptions and redemptions for hedge funds administered by the GlobeOp platform.
"Subscriptions outpaced redemptions for the month of May, whereas capital activity volume was generally down from prior monthly levels," SS&C Technologies CEO Bill Stone said. The Capital Movement Index has been positive in three out of five months this year.
In addition, SS&C said that hedge fund returned 1.44% in April, based on its SS&C GlobeOp Hedge Fund Performance 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…