Hedge funds saw a performance setback in March, with the SS&C GlobeOp Hedge Fund Performance Index recording a gross return of -1.61%, according to the latest data released by SS&C Technologies.
Despite the dip in performance, capital inflows remained resilient, with April’s SS&C GlobeOp Capital Movement Index showing a net increase of 0.24%.
Bill Stone, Chairman and CEO of SS&C Technologies, noted that April’s net inflows are particularly strong given the month’s usual trend of redemptions. “Uncertainty from new tariffs, fiscal policy shifts, and a slowing global economy has pushed market volatility to levels not seen since the Covid-19 pandemic or the Global Financial Crisis,” said Stone. “In this environment, hedge fund managers are continuing to attract assets by delivering attractive risk-adjusted and uncorrelated returns.”
SS&C GlobeOp administers funds representing approximately 10% of global hedge fund assets, offering a significant insight into industry-wide capital movements and performance trends.
