The gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2018 measured 1.57 per cent, while hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.52 per cent in June.
“SS&C GlobeOp’s Capital Movement Index for June 2018 rose 0.52 per cent, reflecting positive net flows. While this increase was smaller than the 1.25 per cent gain seen for the same period a year ago in June 2017, it should be noted this comparison was against a very strong result, as the June 2017 gain was the largest single month’s flows since August 2013,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “In fact, year to date 2018 flows are running slightly better than a year ago, indicating stability in overall capital movements.”
The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance. On the ninth business day of each month it provides a flash estimate of the gross aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform. Interim and final values, both gross and net, are provided in each of the two following months, respectively. Online data can be segmented by gross and net performance, and by time periods. The SS&C GlobeOp Hedge Fund Performance Index is transparent, consistent in data processing, and free from selection or survivorship bias. Its inception date is 1 January, 2006.
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.
Cumulatively, the SS&C GlobeOp Capital Movement Index for June 2018 stands at 136.02 points, an increase of 0.52 points over May 2018. The Index has declined 3.66 points over the past 12 months. The next publication date is 13 July 2018.
