Wednesday, 31 August 2016
Last updated 11 hours ago
Aug 13 2013 | 10:19am ET
Hedge funds enjoyed net inflows in the wake of last month's gains.
The SS&C GlobeOp Capital Movement Index rose 1.32% this month, following a 1.52% average return in July, the SS&C GlobeOp Hedge Fund Performance Index shows.
"Fewer redemptions in August resulted in a net positive inflow for the month, with subscriptions outpacing redemptions by more than 2 to 1," SS&C CEO Bill Stone said.