Saturday, 27 August 2016
Last updated 14 hours ago
Jun 12 2014 | 9:54am ET
Investors added more money to hedge funds this month than in any of the last four, according to SS&C Technologies.
The SS&C GlobeOp Capital Movement Index rose 1.01% in June to hit “their highest levels in four months,” SS&C CEO Bill Stone said. The metric measures net subscriptions and redemptions received by hedge funds administered on SS&C’s GlobeOp platform.
SS&C also said that hedge funds returned 1.04% last month.