The gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2013 measured 0.77 per cent.
Hedge fund flows, meanwhile, as measured by the SS&C GlobeOp Capital Movement Index, advanced 1.17 per cent in June.
“Net inflows increased for the month of June, with subscriptions outpacing redemptions two to one," says Bill Stone, chairman and chief executive officer, SS&C Technologies.
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 June 2013 stands at 150.07 points, an increase of 1.17 point over May 2013. The index has advanced 2.37 points over the past 12 months. The next publication date is 12 July 2013.