The gross return of the SS&C GlobeOp Hedge Fund Performance Index for June 2018 measured -0.34 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.49 per cent in July.
“SS&C GlobeOp’s Capital Movement Index of -1.49 per cent for July 2018 should be viewed as a strong result in light of the seasonality of net flows. The month of July typically experiences negative flows, but it’s noteworthy that the -1.49 per cent reported for July 2018 reflects an improvement in net outflows from the -1.78 per cent reported a year ago for July 2017, and is also the lowest for any month of July since 2013,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “This strength in asset retention shows continued investor confidence in the hedge fund sector.”
