The gross return of the SS&C GlobeOp Hedge Fund Performance Index for June 2014 measured 1.16 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.77 per cent in July.
"Due to semi-annual redemptions, net flows were negative for the month and represent a new six-month low," said Bill Stone, chairman and chief executive officer, SS&C Technologies.
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 GlobeOp platform.
The SS&C GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C GlobeOp on the GlobeOp platform. This monthly net is divided by the total assets under administration (AuA) for fund administration clients on the GlobeOp platform.
Cumulatively, the SS&C GlobeOp Capital Movement Index for July 2014 stands at 148.66 points, a decrease of 1.77 point over June 2014. The index has declined 0.33 point over the past 12 months.
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