SS&C GlobeOp Hedge Fund Performance Index
OREANDA-NEWS. The gross return of the SS&C GlobeOp Hedge Fund Performance Index for March 2016 measured 0.90%.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 0.95% in April.
"Reflecting typical seasonal patterns, SS&C GlobeOp's Capital Movement Index declined in April 2016, coming in at -0.95%, compared to 0.75% for March 2016. However, it should be noted that the -0.95% for April 2016 compares favorably on a year-over-year basis to -1.20% for April of 2015," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "In particular, the year-over-year comparison was marked by relatively lower outflows this past month, the ninth consecutive month of lower outflows on a year-over-year basis. This indicates investors have remained committed to their hedge fund allocations during a period of generally increased market volatility."
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 April 2016 stands at 143.32 points, a decrease of 0.95 point over March 2016. The Index has declined 3.06 points over the past 12 months. The next publication date is May 12, 2016.
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.
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