SS&C GlobeOp records seasonal dips
13 October 2015 Windsor, Connecticut
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The gross return of SS&C GlobeOp’s Hedge Fund Performance Index for September 2015 measured -1.56 percent, down from the -1.02 percent in recorded in August.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.13 percent in October.
Bill Stone, chairman and CEO of SS&C Technologies, explained: “SS&C GlobeOp's Capital Movement Index for October 2015 was -1.13 percent, down from the previous month's 0.62 percent, reflecting primarily seasonal factors.”
“Comparing year-over-year flows, the -1.13 percent for October 2015 was virtually identical to the October 2014 reading of -1.12 percent, with both inflows and outflows closely in line for the comparative periods.”
“We have been analysing our Capital Movement Index and Forward Redemption Indicator carefully in the wake of recent market volatility. October's results are certainly indicative of overall stability in hedge fund allocations.”
SS&C GlobeOp’s data represents approximately 10 percent of the hedge fund industry.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.13 percent in October.
Bill Stone, chairman and CEO of SS&C Technologies, explained: “SS&C GlobeOp's Capital Movement Index for October 2015 was -1.13 percent, down from the previous month's 0.62 percent, reflecting primarily seasonal factors.”
“Comparing year-over-year flows, the -1.13 percent for October 2015 was virtually identical to the October 2014 reading of -1.12 percent, with both inflows and outflows closely in line for the comparative periods.”
“We have been analysing our Capital Movement Index and Forward Redemption Indicator carefully in the wake of recent market volatility. October's results are certainly indicative of overall stability in hedge fund allocations.”
SS&C GlobeOp’s data represents approximately 10 percent of the hedge fund industry.
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