The gross return of the SS&C GlobeOp Hedge Fund Performance Index for April 2014 measured -0.59 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.94 per cent in May.
"Subscriptions outpaced redemptions by two to one, whereas capital activity was down from prior month levels," says Bill Stone, chairman and chief executive officer, SS&C Technologies.