Fri, Oct 31, 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. Macks aim to raise $750m for real estate debt fund[more]

    From Therealdeal.com: Father-son duo William and Richard Mack and former Blackstone Group managing director Peter Sotoloff are starting a new real estate debt fund. Together, the trio hopes to raise more than $750 million for the private equity fund, according to the Wall Street Journal. The fund wi

  2. Manager Profile - Seth Klarman: Lessons for retail and institutional investors[more]

    From Valuewalk.com: Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost some

  3. North America - FATCA leads 75% of U.S. expats to consider dropping citizenship[more]

    From International-adviser.com: Nearly three quarters of American expats are considering the renouncement of their citizenship following July’s introduction of the “absurd” Foreign Account Tax Compliance Act (FATCA). The findings, which were revealed in a survey by deVere, come alongside the news th

  4. New app allows asset managers easy interaction with portfolios, securities, holdings, transaction details[more]

    Komfie Manalo, Opalesque Asia: Global financial services software company SS&C Technologies Holdings has launched Explorer, a powerful data visualization and analysis tool that turns critical investment data into meaningful information. Explore

  5. Opalesque Exclusive: Mariner’s new healthcare mandate applies strategic approach across pharmaceutical and biotech sectors[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A team of two was hired in February this year t