Year closed out as expected, says SS&C
11 December 2014 Connecticut
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The gross return of the SS&C GlobeOp Hedge Fund Performance Index for November 2014 measured 1.13 percent.
In December, hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.43 percent over November.
Cumulatively, the SS&C GlobeOp Capital Movement Index for December 2014 stands at 149.57 points, an increase of 0.43 points over November 2014.
The index has declined 1.05 points over the past 12 months.
“In line with historical patterns, 2014 closes with positive net flows and slightly higher activity for both subscriptions and redemptions,” said Bill Stone, chairman and CEO of SS&C Technologies.
Since its inception, the correlation of the SS&C GlobeOp Performance Index to many popular equity market indices has been approximately 25 percent to 30 percent.
This is substantially lower than the equivalent correlation of other widely followed hedge fund performance indices.
In December, hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.43 percent over November.
Cumulatively, the SS&C GlobeOp Capital Movement Index for December 2014 stands at 149.57 points, an increase of 0.43 points over November 2014.
The index has declined 1.05 points over the past 12 months.
“In line with historical patterns, 2014 closes with positive net flows and slightly higher activity for both subscriptions and redemptions,” said Bill Stone, chairman and CEO of SS&C Technologies.
Since its inception, the correlation of the SS&C GlobeOp Performance Index to many popular equity market indices has been approximately 25 percent to 30 percent.
This is substantially lower than the equivalent correlation of other widely followed hedge fund performance indices.
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