Thursday, 30 July 2015
Last updated 1 hour ago
Sep 13 2013 | 10:54am ET
At least one hedge fund industry benchmark shows the average fund gaining, rather than losing, ground in August.
The SS&C GlobeOp Hedge Fund Performance Index edged up 0.29% last month. Nearly all other industry indices have shown declines of between 0.5% and 1.5% in August.
The SS&C index is up 6.82% on the year.
SS&C Technologies also reported a small net inflow into hedge funds this month, with its Capital Movement Index rising 0.42%.
"Net flows were modestly positive for September, with capital activity falling slightly from previous months," SS&C CEO Bill Stone Said.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…