SS&C GlobeOp Data Shows Decline in Hedge Fund Inflows

SS&C GlobeOp’s Hedge Fund Performance Index for June measured 1.16%, while the hedge fund flows measured by its Capital Movement Index have further declined by 1.77% in July.
By Editorial
SS&C GlobeOp’s Hedge Fund Performance Index for June measured 1.16%, while the hedge fund flows measured by its Capital Movement Index have further declined by 1.77% in July.

The Hedge Fund Performance Index provides an estimate of the gross total performance of funds handled by SS&C GlobeOp, reflecting the return on capital invested in funds. The 1.16% achieved in June represents a strong score relative to the accumulative total 11.69% of the last 12 months.

The Capital Movement Index total for July stands at 148.66 points – a decrease of 1.77 points since June – representing a continuation of the overall 0.33 point decline witnessed over the previous 12 months.

SS&C GlobeOp’s Capital Movement Index on the other hand represents the monthly net of hedge fund subscriptions and redemptions managed by the administrator – representative of approximately 10% of the estimated assets currently invested in the hedge fund sector overall. Results are achieved by dividing this monthly net figure by the total assets under administration for fund administration clients on the GlobeOp platform.

“Due to semi-annual redemptions, net flows were negative for the month and represent a new 6-month low,” commented Bill Stone, chairman and chief executive officer, SS&C Technologies.

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