Hedge funds delivered robust returns in April 2026, while investor allocations continued to rise into May, according to the latest data from SS&C Technologies, with the SS&C GlobeOp Hedge Fund Performance Index recorded a gross return of 3.74% for the month.
The SS&C GlobeOp Capital Movement Index meanwhile, rose 0.72% in May, extending a run of positive net inflows into hedge funds and suggesting continued investor appetite for alternative sources of return amid ongoing market uncertainty.
Bill Stone, Chairman and Chief Executive Officer of SS&C Technologies, said hedge funds are benefiting from a volatile macroeconomic environment shaped by geopolitical tensions and shifting trade dynamics.
He pointed to uncertainty surrounding developments in the Gulf region, renewed global trade frictions and stretched equity valuations as key factors driving volatility across markets. Against this backdrop, he said, recent capital flows indicate that hedge funds remain attractive to investors seeking uncorrelated returns and downside protection.
The SS&C GlobeOp Hedge Fund Performance Index provides an asset-weighted, independent monthly measure of gross hedge fund returns based on funds administered on the SS&C GlobeOp platform. The index offers early estimates of performance on the ninth business day of each month, with subsequent interim and final updates released over the following two months.
The Capital Movement Index tracks net monthly hedge fund subscriptions and redemptions relative to assets under administration, offering a real-time snapshot of investor sentiment based on actual cash flows. The latest reading brings the index to 130.49 points, up 0.72 points from April, and 4.70 points higher over the past 12 months.
