Tuesday, 22 July 2014
Last updated 9 hours ago
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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…