Thursday, 24 July 2014
Last updated 1 hour ago
Aug 13 2013 | 10:02am ET
Hedge funds added 1.52% in July, according to the SS&C GlobeOp performance index.
The July numbers bring hedge funds' total year-to-date gains to 6.55% (gross).
The index is based on the same reconciled fund data that hedge fund administrator SS&C GlobeOp uses to produce fund net asset values. The firm administers assets worth $187 billion, or approximately 10% of the estimated assets currently invested in the hedge fund sector.
The data provider said hedge fund flows, as measured by its capital movement index, had grown 1.32% in August.
“Fewer redemptions in August resulted in a net positive inflow for the month, with subscriptions outpacing redemptions by more than two to one,” said Bill Stone, chairman and chief executive officer, SS&C Technologies.
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…