Investors Redeem In June

Jul 14 2014 | 5:19am ET

Portfolio rebalancing took its toll on the hedge-fund industry last month.

The SS&C GlobeOp Capital Movement Index dropped 1.77% in June, its largest decline in six months. The hedge fund administrator said that the index, which represents net subscriptions or redemptions to hedge funds on its GlobeOp platform, said such a dip is to be expected at the half-way point of the year.

“Due to semi-annual redemptions, net flows were negative for the month and represent a new six-month low,” SS&C Technologies CEO Bill Stone said.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...