OREANDA-NEWS. August 14, 2015. The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2015 measured 0.69%.

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.92% in August.

"SS&C GlobeOp's Capital Movement Index for August showed a gain of 0.92%, which is up sharply from the seasonally impacted -2.96% in July, and also improved on a year-over-year basis from 0.61% in August 2014," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "Adjusting for seasonality, the gain in the index was driven by lower outflows combined with steady inflows.  This indicates that investors are increasing their allocations to hedge funds as markets in the U.S. and abroad are producing uneven returns, including significant upheaval in China and Greece.  These market conditions, in turn, add to the uncertainty surrounding U.S. Federal Reserve policy regarding interest rates."

SS&C GlobeOp Hedge Fund Performance Index

 

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 January 1, 2006.

The SS&C GlobeOp Hedge Fund Performance Index offers a unique reflection of the return on capital invested in funds.  It does not overstate exposure to, or the contribution of, any single strategy to aggregate hedge fund performance. Since its inception, the correlation of the SS&C GlobeOp Performance Index to many popular equity market indices has been approximately 25% to 30%. This is substantially lower than the equivalent correlation of other widely followed hedge fund performance indices.

SS&C GlobeOp Capital Movement Index

The SS&C GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C GlobeOp on the SS&C GlobeOp platform. This monthly net is divided by the total assets under administration (AuA) for fund administration clients on the SS&C GlobeOp platform.

Cumulatively, the SS&C GlobeOp Capital Movement Index for August 2015 stands at 145.43 points, an increase of 0.92 point over July 2015. The Index has declined 3.61 points over the past 12 months. The next publication date is September 14, 2015.

Published on the ninth business day of each month, the SS&C GlobeOp Capital Movement Index presents a timely and accurate view of investments in hedge funds on the SS&C GlobeOp administration platform. Data is based on actual subscriptions and redemptions independently calculated and confirmed from real capital movements, and published only a few business days after they occur. Following the month of its release, the Index may be updated for capital movements that occurred after the fifth business day.

SS&C GlobeOp Hedge Fund Performance Index

Base                                                                     100 points on 31 December 2005

Flash estimate (current month)                      0.69%*

Year-to-date (YTD)                                            7.51%*

Last 12 month (LTM)                                        9.80%*

Life to date (LTD)                                              124.26%*

*All numbers reported above are gross             

 

SS&C GlobeOp Capital Movement Index

Base                                                                     100 points on 31 December 2005

All time high                                                       150.77 in September 2013

All time low                                                        99.67 in January 2006

12-month high                                                   149.59 in June 2014

12-month low                                                    144.51 in July 2015

Largest monthly change                                  - 15.21 in January 2009

 

SS&C GlobeOp Forward Redemption Indicator

All time high                                                      19.27% in November 2008

All time low                                                       1.85% in January 2012

12-month high                                                  5.87% in December 2014

12-month low                                                   2.08% in July 2015

Largest monthly change                                 9.60% in November 2008

 

About the SS&C GlobeOp Hedge Fund Index®

The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp. A unique set of indices by a hedge fund administrator, it offers clients, investors and the overall market a welcome transparency on liquidity, investor sentiment and performance. The Index is based on a significant platform of diverse and representative assets.

The SS&C GlobeOp Hedge Fund Index is available at www.sscglobeopindex.com or through a link on the homepage of www.sscglobeop.com. Alert and RSS subscriber options are available at www.sscglobeop.com. Index Twitter comments: #HFindex.

The SS&C GlobeOp Capital Movement Index and the SS&C GlobeOp Forward Redemption Indicator provide monthly reports based on actual and anticipated capital movement data independently collected from all hedge fund clients for whom SS&C GlobeOp provides administration services on the SS&C GlobeOp platform.

The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted benchmark of the aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform. Flash estimate, interim and final values are provided, in each of three months respectively, following each business month-end.

While individual fund data is anonymized by aggregation, the SS&C GlobeOp Hedge Fund Index data will be based on the same reconciled fund data that SS&C GlobeOp uses to produce fund net asset values (NAV). SS&C GlobeOp's total assets under administration on the SS&C GlobeOp platform represent approximately 10% of the estimated assets currently invested in the hedge fund sector. The investment strategies of the funds in the indices span a representative industry sample. Data for middle and back office clients who are not fund administration clients is not included in the Index, but is included in the Company's results announcement figures.