Wed, Sep 3, 2014
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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the study

  2. Legal – GE Capital and Petters-related hedge fund in legal battle, SEC sanctions Donald Brownstein's hedge fund over conflicts of interest[more]

    GE Capital and Petters-related hedge fund in legal battle From Startribune.com: A billion-dollar legal battle is brewing in Florida over who knew what and when about the decade-long Ponzi scheme operated by former Wayzata businessman Tom Petters. The bankruptcy trustee for two failed Flo

  3. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  4. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius