The gross return of the SS&C GlobeOp Hedge Fund Performance Index for March 2019 measured 0.60 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 0.80 per cent in April.
“SS&C GlobeOp’s Capital Movement Index of -0.80 per cent for April 2019 reflects net outflows, as expected based on normal seasonal patterns,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies.
“These net outflows were the lowest of any month of April since 2014. Moreover, on a year-over-year basis, the -0.80% reported for April 2019 compares favourably to the -1.62per cent reported for the same period a year ago for April 2018. Monthly capital movements have presented a mixed picture over the past six months, which have been characterised by wide market swings, but this most recent data indicates relative strength in hedge fund asset retention.”
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