The gross return of the SS&C GlobeOp Hedge Fund Performance Index measured -0.42 per cent for February 2020.Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.70 per cent in March.
“SS&C GlobeOp’s Capital Movement Index showed an increase in net flows of 0.70 per cent for March 2020, up from the 0.19 per cent gain reported a year ago, and also above long-term average net flows for the calendar month of March,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This strong result is particularly noteworthy amid the recent surge in market volatility attributed to the coronavirus. Volatile markets can be favorable for active management strategies, though it is too early in this crisis to draw any conclusions as to how investors’ allocations will be affected.”