HedgeCo.Net — Hedge fund subscriptions on the SS&C GlobeOp platform rose to a 12-month high in August even after a weak performance month. The Capital Movement Index increased 0.92% to 132.34, the seventh consecutive month of positive net inflows and a 5.25-point gain over the past year, SS&C said in a release carried by Business Wire and Hedgeweek. The Performance Index, an asset-weighted snapshot of funds the firm administers, showed a gross return of -2.93% for July, an initial estima...
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