Hedge funds down 0.34 per cent in July, says SS&C GlobeOp
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2021 measured -0.34 per cent.
Hedge fund flows, meanwhile, as measured by the SS&C GlobeOp Capital Movement Index advanced 0.55 per cent in August.
"SS&C GlobeOp's Capital Movement Index rose 0.55 per cent for August 2021, reflecting increased net inflows compared to the favourable 0.53 per cent gain reported for the same period a year ago," says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "Positive capital flows together with solid performance thus far in 2021 have created strong growth in hedge fund assets under management."