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

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of