Hedge Fund Subscriptions Double Up Redemptions

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.

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