SS&C's Hedge Fund Performance Index Drops in October

The gross return of the SS&C GlobeOp Hedge Fund Performance Index for October 2014 dropped a bit, losing 0.81% over the previous month.

Year to date, the performance index is still up 4.5%.

For hedge fund flows, as measured by the SS&C GlobeOp Capital Movement Index, net flows advanced 0.74% in November.

“Net flows were positive for the month, with subscriptions outpacing redemptions by nearly two to one,” says Bill Stone, chairman and CEO, SS&C Technologies.