The gross return of the SS&C GlobeOp Hedge Fund Performance Index for September 2019 measured -0.24 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.16 per cent in October.
“SS&C GlobeOp’s Capital Movement Index was -1.16 per cent for October 2019, indicating net outflows consistent with normal seasonal patterns. On a comparative basis, the -1.16 per cent reflects lower net outflows than the -1.37 per cent reported for the same period last year and, in fact, is the lowest net outflow for the month of October over the past five years,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This result continues a generally favorable asset retention trend for hedge funds, which is especially noteworthy given this year’s market turmoil.”
