The SS&C GlobeOp Hedge Fund Performance Index measured -0.09%, for November, according to the latest figures from SS&C Technologies Holdings.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index meanwhile, advanced 0.37% in December.
“SS&C GlobeOp’s Capital Movement Index was up 0.37% for December 2022, continuing a trend of stabilisation from November. The trailing 12-month average of 0.03% marks the second consecutive calendar year of positive flows,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
“As capital markets continue to demonstrate higher volatility and drawdowns, hedge funds have generally been an attractive allocation alternative. This month’s stabilisation could be a positive indicator for additional flows.”
