Tue, Aug 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

SS&C GlobeOp: Hedge Fund Performance Index gains 1.53% gross in March (3.05% YTD), Capital Movement Index declines 1.22% in April

Thursday, April 11, 2013
Opalesque Industry Update – The gross return of the SS&C GlobeOp Hedge Fund Performance Index for March 2013 measured 1.53%.

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.22% in April.

“April brings higher capital activity volume with redemptions outpacing subscriptions, which is in line with last month’s slightly higher Forward Redemption Indicator,” 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… Since its inception, the correlation of the SS&C GlobeOp Performance Index to many popular equity market indices has been approximately 25% to 30%.

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 April 2013 stands at 148.40 points, a decrease of 1.22 points over March 2013. The Index has advanced 3.54 points over the past 12 months. The next publication date is May 13, 2013.

SS&C GlobeOp Hedge Fund Performance Index
Base ….. 100 points on 31 December 2005
Flash estimate (current month) ….. 1.53%*
Year-to-date (YTD) ….. 3.05%*
Last 12 month (LTM) ….. 10.76%*
Life to date (LTD) ….. 80.27%*
*All numbers reported above are gross

SS&C GlobeOp Capital Movement Index
Base ….. 100 points on 31 December 2005
All time high ….. 149.61 in March 2013
All time low ….. 99.67 in January 2006
12-month high ….. 149.61 in March 2013
12-month low ….. 144.86 in April 2012
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 ….. 6.19% in December 2012
12-month low ….. 2.00% in April 2012
Largest monthly change ….. 9.60% in November 2008

Press release

SS&C GlobeOp is a leading fund administrator www.sscglobeop.com.


Related article:
Cyprus banking crisis may lead to more hedge fund redemption requests Source

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Strategies - The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I, Hedge funds get more pushback on terms as enthusiasm for strategy wanes[more]

    The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I From IBTImes.co.uk: To illustrate a strategic gap common to today's portfolio managers, George Sokoloff, PhD, founder and CIO at Carmot Capital, proposes an interesting thought experiment – a breakdown of

  2. Institutional investors - Investors set to increase allocation to private debt, With investment income key, Richmond retirement system faces funding challenges[more]

    Investors set to increase allocation to private debt Investors are set to increase their allocation to private debt, with 60% revealing they believe the private debt market will grow over the next 12 months, according to a new study by Elian, a leading funds services provider. 41%

  3. Investing - Hedge funds snap up banks, unload Apple, Some of hedge funds' favorite stocks are finally starting to beat the market, Einhorn's Greenlight shifts positions, Treasury yield climbs to two-month high as Fischer joins hawks, 9 stocks smart investors put their money in last quarter[more]

    Hedge funds snap up banks, unload Apple From Barrons.com: Prominent hedge funds have a newfound love of big banks, and some have a distaste for shares of Apple, regulatory filings released last week show. The filings suggest that the funds have been pivoting their portfolios in recent mon

  4. Chesapeake energy seeks $1 billion loan to refinance debt[more]

    From Bloomberg.com: Chesapeake Energy Corp. is seeking a $1 billion loan as the company battered by cratering fuel prices and credit downgrades takes a step to address its $9 billion debt load. The natural gas producer hired Goldman Sachs Group Inc., Citigroup Inc. and Mitsubishi UFJ Financial Group

  5. Institutions - Nordic pension funds magnify focus on unlisted and direct investing, building up teams[more]

    From IPE.com: As bond yields remain at low or negative levels, pension funds and other institutional investors in the Nordic region are stepping up efforts to find higher returns by adding more unlisted investments to portfolios and are expanding in-house teams in order to do this, according to new