The gross return of the SS&C GlobeOp Hedge Fund Performance Index for January 2016 measured -2.86 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.66 per cent in February.
"SS&C GlobeOp's Capital Movement Index rose 0.66 per cent for February 2016 after a decline of -3.28 per cent in January of 2016," says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. "This improvement is very much in line with normal seasonal patterns. In fact, the 0.66 per cent gain for February 2016 is almost identical to the year ago gain of 0.70 per cent for February 2015.
“This steadiness in investor confidence underscores the resilience of the hedge fund sector even in the face of significant deterioration in global markets, as has been seen thus far in 2016."