SS&C: Hedge Funds Suffer Oct. Outflows

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.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...