Sunday, 29 November 2015
Last updated 2 days 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…