Hedge Funds Add 1.39% In January

Feb 13 2014 | 7:03am ET

At least one hedge fund industry benchmark shows the average fund gaining ground in January.

The SS&C GlobeOp Hedge Fund Performance Index edged up 1.39% last month.

Many industry indexes showed hedge funds losing ground in January (the HFRI Weighted Composite Index, down 0.6%; Eurekahedge, down 0.44%; Bank of America Merrill Lynch Diversified Investable Hedge Fund Composite Index, down 0.28%), although beating the S&P 500.

SS&C Technologies also reported a net inflow into hedge funds this month, with its Capital Movement Index rising 0.94%.

"Net flows were positive for the month, with subscriptions outpacing redemptions by two to one," said SS&C CEO Bill Stone in a statement.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of