The gross return of the SS&C GlobeOp Hedge Fund Performance Index May 2019 measured -0.92 per cent. Hedge fund flows meanwhile, as measured by the SS&C GlobeOp Capital Movement Index advanced 0.19 per cent in June.
"SS&C GlobeOp's Capital Movement Index showed a gain of 0.19 per cent for June of 2019, reflecting positive net inflows. On a year-over-year basis, this gain was lower than the 0.48 per cent increase reported for the same period a year ago for June 2018, but was well within the range of normal variation," says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. "Overall, we consider the positive net inflows for June to be a favorable sign for hedge funds in view of the recent uptick in market volatility related to continuing trade concerns and possible changes in Federal Reserve monetary policy."
The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance. On the ninth business day of each month it provides a flash estimate of the gross aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform. Interim and final values, both gross and net, are provided in each of the two following months, respectively. Online data can be segmented by gross and net performance, and by time periods. The SS&C GlobeOp Hedge Fund Performance Index is transparent, consistent in data processing, and free from selection or survivorship bias. Its inception date is 1 January, 2006.
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