Net flows positive in August for SS&C
13 August 2014 Windsor
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Hedge fund performance for SS&C Technologies in July fell by -0.37 percent, but is up nearly 4 percent from year-to-date.
The capital movement index, which represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C, cumulatively stands at 149.05 points for August, signalling an increase of 0.62 percent.
Year-to-date, the capital movement index has declined by 1.28 points.
Bill Stone, chairman and CEO of SS&C, said: “Net flows returned to positive territory for August, with both subscriptions and redemptions at lower levels than July.”
The capital movement index, which represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C, cumulatively stands at 149.05 points for August, signalling an increase of 0.62 percent.
Year-to-date, the capital movement index has declined by 1.28 points.
Bill Stone, chairman and CEO of SS&C, said: “Net flows returned to positive territory for August, with both subscriptions and redemptions at lower levels than July.”
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