Thursday Sep 11
Investors boost hedge fund holdings in August - data
Hedge fund investors added more cash than they redeemed from the asset class in September, following performance gains during August, new data showed on Thursday. The SS&C GlobeOp Capital Movement Index, which calculates monthly hedge fund subscriptions minus redemptions, rose 0.6 percent in September to 149.62 points.
SS&C GlobeOp Forward Redemption Indicator: August Notifications 4.19%
"Redemption notifications increased by about 1% for the month, but remain moderate and in line with activity this time last year," said Bill Stone , Chairman and Chief Executive Officer, SS&C Technologies.
Hedge fund exit requests rise in August
Investor requests to pull out money from hedge funds rose in August, according to data released on Wednesday, an increase typically seen at this time of year.
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index
"Net flows returned to positive territory for August, with both subscriptions and redemptions at lower levels than July," said Bill Stone , Chairman and Chief Executive Officer, SS&C Technologies.