The gross return of the SS&C GlobeOp Hedge Fund Performance Index measured 0.30 per cent in March while hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.90 per cent in April.
"The increase of 0.90 per cent for SS&C GlobeOp's Capital Movement Index for April 2017 is a very strong result, especially considering the month of April typically sees net outflows," says Bill Stone (pictured), chairman and chief executive officer, SS&C Technologies.
"For example, the 0.90 per cent gain for the April 2017 compares to -1.18 per cent a year ago for April 2016. In fact, April 2017 is the most favourable month of April for the Capital Movement Index in the past 10 years.
“If this strength in net flows can be sustained, it would be very favourable for the hedge fund industry."
