Friday, 31 July 2015
Last updated 2 hours ago
Nov 13 2013 | 8:04am ET
Hedge fund returned 1.06% last month, according to the SS&C GlobeOp Hedge Fund Performance Index. This brings year-to-date returns for hedge funds to 9.93%, according to the fund administration firm.
Meanwhile, the S&P 500 bested hedge funds by returning 4.5% in October, and is up 23.2% for the year though October.
And while hedge fund returns are solid, so is the stream of money pouring into them. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index have advanced 0.16% in November.
“Capital flows for the month were slightly positive, with subscription levels reaching a 10-month high,” said Bill Stone, Chairman and Chief Executive Officer of SS&C Technologies.
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…