The gross return of the SS&C GlobeOp Hedge Fund Performance Index for October 2013 measured 1.06 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.16 per cent in November.
“Capital flows for the month were slightly positive, with subscription levels reaching a 10-month high,” says Bill Stone, chairman and chief executive officer, SS&C Technologies.
The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance.
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 November 2013 stands at 149.96 points, an increase of 0.16 point over October 2013. The index has advanced 0.89 point over the past 12 months. The next publication date is 12 December 2013.