SS&C GlobeOp Hedge Fund Performance Index at 0.75 per cent for September
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for September 2020 measured 0.75 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 0.82 per cent in October.
"SS&C GlobeOp's Capital Movement Index for October 2020 of -0.82 per cent reflects net cash outflows, as is typical for the month of October based on long-standing seasonal patterns. In view of these seasonal patterns, it should be noted that the -0.82 per cent for October 2020 is actually quite strong, comparing favourably to the -1.09 per cent reported for the same period last year, and representing the lowest net outflows of any month of October since 2012," says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "Moreover, October 2020 marks the fifth consecutive month of year-over-year improvements in net flows, providing further confirmation of the ongoing positive trend in hedge fund asset retention since the outbreak of Covid-19."