Saturday, 1 August 2015
Last updated 1 day ago
Oct 14 2013 | 11:29am ET
Investors are pulling money out of hedge funds this month, according to SS&C Technologies.
The SS&C GlobeOp Capital Movement Index is down 1.28% for October. The benchmark measures monthly net hedge fund flows.
"Capital activity volume was up for the month, with redemptions outpacing subscriptions, representing typical quarter-end rebalancing," SS&C CEO Bill Stone said.
SS&C added that hedge funds returned 1.84% last month.
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…