Net flows positive in August for SS&C
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.”
