The SS&C GlobeOp Hedge Fund Performance Index for October 2022 measured -0.96%, while hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.13% in November.
“SS&C GlobeOp’s Capital Movement Index was up 0.13% for November 2022, showing stabilization after outflows in October. However, the 12-month average has been up 0.07%, demonstrating the broad stagnation of flows which characterises 2022,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
“In the face of historical weakness across asset classes, hedge funds have generally been a steady port in the financial storm created by inflation and higher interest rates. The last two months of the year are historically strong seasonally, and this month’s stabilisation could be a positive sign for short-term flows.”
