Hedge fund performance and capital flows remained positive heading into the summer, according to the latest data from SS&C Technologies, with the SS&C GlobeOp Hedge Fund Performance Index reporting a 0.85% gross return for May.
The firm’s Capital Movement Index also showed a 0.59% gain in June, extending a five-month streak of positive hedge fund inflows.
“June’s capital movement data underscores continued investor confidence in hedge funds, even as broader market uncertainty persists,” said Bill Stone, Chairman and CEO of SS&C Technologies. “While volatility has eased since peaking in April, extended tariff deadlines and ongoing geopolitical tensions still weigh on sentiment. In this context, the diversification benefits of hedge fund allocations remain compelling.”
The SS&C GlobeOp Hedge Fund Performance Index serves as an asset-weighted snapshot of hedge fund returns based on funds administered by SS&C. Updated in stages, it provides a flash estimate of gross performance by the ninth business day of each month. The index has historically shown only modest correlation (25-30%) with major equity benchmarks, offering investors a differentiated view of fund performance across strategies.
The Capital Movement Index meanwhile, which tracks monthly net flows (subscriptions minus redemptions) across SS&C-administered hedge funds, rose to 126.38 points in June – up 0.59 points month-on-month and 1.82 points year-on-year. Based on actual fund-level capital movements, the index delivers an early indication of investor sentiment and allocation trends within the hedge fund space.
