SS&C GlobeOp Releases June Index Data, Updates Technology

The SS&C GlobeOp Hedge Fund Performance Index for June is down 1.94%, while the July net flows measured by the Capital Movement Index declined 1.30%.

“Outflows exceeded inflows for the month, with capital activity mirroring prior quarter-ends and reflecting typical investor activity,” said Bill Stone, chairman and CEO, SS&C Technologies.

The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance. On the ninth business day of each month it provides a flash estimate of the gross aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the GlobeOp platform.

The SS&C GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C GlobeOp on the GlobeOp platform. This monthly net is divided by the total assets under administration (AuA) for fund administration clients on the GlobeOp platform.

Cumulatively, the SS&C GlobeOp Capital Movement Index for July 2013 stands at 148.77 points, a decrease of 1.30 points over June 2013. The Index has advanced 2.07 points over the past 12 months.

SS&C GlobeOp has also extended cloud-based portal and related mobile capabilities to its clients, previously only available to SS&C fund administration clients.

The client portal provides real-time access to alternative investment portfolios, risk reports, profit and loss visualization, order management and trading, performance attribution, heatmaps functionality, fund of funds liquidity, accounting books and records, investor subscription and redemption work.