Hedge Funds Add 1.52% In July

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.


In Depth

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    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…

Publisher's Note