Hedge Funds Returns Inch Up, While Net Flows Drop, Finds SS&C

Hedge fund net flows measured by the SS&C GlobeOp Capital Movement Index declined 1.01% between September and October, while the Hedge Fund Performance Index for September inched up 0.24%.

“Net flows were negative for the month, representing typical quarter-end rebalancing,” says Bill Stone, chairman and CEO, SS&C Technologies.

The Capital Movement Index dropped more in comparison to the same month last year, which was -0.97%. Meanwhile, the Hedge Fund Performance Index had less of a month-to-month increase, as August registered a 1.10% gain over July’s performance.