SS&C GlobeOp Hedge Fund Performance Index up 1.15 per cent in October
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for October 2019 measured 1.15 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.50 per cent in November.
"SS&C GlobeOp's Capital Movement Index showed a gain of 0.50 per cent for November 2019, reflecting net inflows for hedge funds. Although the gain was slightly lower than the 0.61 per cent increase in net flows reported a year ago, the result is well within the range of normal variation," says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. "Overall, we see this month as a positive reading for managers as it shows continued strength in asset retention amid volatile markets."