Thursday, 2 July 2015
Last updated 17 hours ago
May 13 2014 | 9:56am ET
Investors continue to steadily add to their hedge fund investments this month, according to a report from SS&C Technologies.
The SS&C GlobeOp Capital Movement Index rose 0.94% this month, and is now just off its record level, set in September. The benchmark calculates net inflows into hedge funds administered on SS&C’s GlobeOp platform.
“Subscriptions outpaced redemptions by two to one, whereas capital activity was down from prior-month levels,” SS&C CEO Bill Stone said.
Stone referred to the fact that hedge funds lost ground in April. The SS&C GlobeOp Hedge Fund Performance Index dropped 0.59% on the month, not enough, apparently, to deter investors.
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…