The gross return of the SS&C GlobeOp Hedge Fund Performance Index measured 2.40 per cent for February.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.59 per cent in March.
“SS&C GlobeOp’s Capital Movement Index for March 2021 was 0.59 per cent, indicating positive net inflows into funds. These flows were closely in line with the favourable 0.60 per cent reported a year ago, which was about the time when the Covid-19 outbreak began impacting markets,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “In the year since, hedge funds have experienced generally strong asset retention, reflecting investor confidence in managers’ ability to generate attractive risk-adjusted returns. Capital movements for March 2021 suggest, while the comparisons with year-ago numbers may begin to level out, the positive trend in asset retention remains intact.”
