The gross return of the SS&C GlobeOp Hedge Fund Performance Index for August 2016 measured 0.73 per cent.
Hedge fund flows, as measured by the SS&C GlobeOp Capital Movement Index, advanced 0.38 per cent in September.
"SS&C GlobeOp's Capital Movement Index showed a gain of 0.38 per cent for September 2016. This was a slightly smaller gain than the same period last year when the index rose 0.62 per cent," says Bill Stone (pictured), chairman and chief executive officer, SS&C Technologies. "Both inflows and outflows were lower than a year ago, consistent with the year-to-date trend. This subdued capital activity points to overall stability in the hedge fund sector, even as markets seem to be reflecting increased uncertainty in the economy."
The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance.
The SS&C GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C GlobeOp on the SS&C GlobeOp platform. This monthly net is divided by the total assets under administration (AuA) for fund administration clients on the SS&C GlobeOp platform.