The gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2016 measured 1.26 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.03 per cent in June.
"SS&C GlobeOp's Capital Movement Index showed a slight increase in June 2016, rising 0.03 per cent. This was smaller than the 0.23 per cent increase registered a year ago for June of 2015," says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. "This drop is not particularly significant by itself because June is typically a month that shows subdued activity.
“In fact, both inflows and outflows for June 2016 were the smallest of any month of June since the index began in 2006. This indicates stability in investors' overall allocations to hedge funds despite difficult market conditions."