The gross return of the SS&C GlobeOp Hedge Fund Performance Index for September 2017 measured 0.67 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 0.95 per cent in October.
“SS&C GlobeOp’s Capital Movement Index for October, 2017 of -0.95 per cent reflects net outflows in line with normal seasonality,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “In fact, on a year-over-year basis, the -0.95 per cent for October, 2017 compares quite favorably to the -1.75 per cent reported a year ago for October, 2016. This year-over-year reduction in net outflows for October is consistent with other data points we have seen in our business during 2017 showing improved asset retention for the hedge fund industry.”