Wednesday, 2 September 2015
Last updated 22 min ago
Jul 12 2013 | 7:38am ET
Hedge funds lost ground in June and outflows exceeded inflows in July, according to the latest data from SS&C GlobeOp.
The firm's Hedge Fund Performance Index for June was down 1.94% and its Capital Movement Index measured 1.30% in July.
“Outflows exceeded inflows for the month, with capital activity mirroring prior quarter-ends and reflecting typical investor activity,” said Bill Stone, chairman and chief executive officer, SS&C Technologies.
Total assets under administration on the GlobeOp platform represent approximately 10% of the estimated assets currently invested in the hedge fund sector.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…