Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.23 per cent in October.
“SS&C GlobeOp’s Capital Movement Index for October 2018 of -1.23 per cent reflects net outflows that are consistent with normal seasonality. In fact, the -1.23 per cent reported for October 2018 is almost identical to the -1.21 per cent reported for the same period a year ago for October 2017,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “This result indicates stable investor allocations to hedge funds, despite volatile equity markets and increased interest rates.”
The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance. On the ninth business day of each month it provides a flash estimate of the gross aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform. Interim and final values, both gross and net, are provided in each of the two following months, respectively. Online data can be segmented by gross and net performance, and by time periods. The SS&C GlobeOp Hedge Fund Performance Index is transparent, consistent in data processing, and free from selection or survivorship bias.
