Wednesday, 27 May 2015
Last updated 16 min 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.
May 27 2015 | 2:15pm ET
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