SS&C GlobeOp

Hedge Fund Gains in July Driven by Facebook Shares

August 15, 2012 Debbie Jacobs Economic Barometer

Though July may be considered disappointing, hedge funds have managed to prosper despite the euro zone crisis. Last month’s gains, though meager in comparison to predictions, were driven by three different trades- oil, the euro, and surprisingly, Facebook shares. According to a statement from the SS&C GlobeOp Hedge Fund Performance Index, the firm gained 1.42% […]


Economy, Euro Zone Crisis, Hedge Fund Industry, Reuters, SS&C GlobeOp,

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