Hedge fund performance eked up 0.72% in December on the SS&C GlobeOp Hedge Fund Performance Index, while flows dropped 3.56% in January.
“In line with year-end portfolio rebalancing, overall capital activity increased for the month of January, with redemptions reaching a 12 month-high,” says Bill Stone, chairman and chief executive officer, SS&C Technologies.
For the year, hedge fund performance rose 12.32%.
SS&C GlobeOp Index Rises Slightly, While Flows Drop
Hedge fund performance eked up 0.72% in December on the SS&C GlobeOp Hedge Fund Performance Index, while flows dropped 3.56% in January.