Mon, Nov 24, 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. Investing - George Soros puts $500m of his money on Bill Gross, Soros, Paulson backed Hispania Activos mulls Realia takeover, Ex-Credit Suisse trader’s hedge fund sees yen shorts as crowded, Hedge hunters double default-swaps as views split, Large hedge fund positions come under pressure, Vikram Pandit's fund picks 50% stake in JM Financial's realty lending arm for $87m[more]

    George Soros puts $500m of his money on Bill Gross From WSJ.com: Before Bill Gross was fully settled in at his new firm, Janus Capital Group Inc., he received an unlikely visit from the chief investment officer of famed investor George Soros ’s firm, according to a person familiar with t

  2. Greenlight Re CEO says hedge fund reinsurance strategy buzz is validating[more]

    From Artemis.bm: The attention being paid to the hedge fund reinsurance business model and the fact that others are now looking to leverage bits of it within their own strategies, is validating for reinsurer Greenlight Capital Re, according to CEO Bart Hedges. There has been an increasing buzz

  3. Legal - Hedge fund manager fights £8m tax tribunal ruling[more]

    From FT.com: A hedge fund manager who may have to repay £8m in tax is trying to overturn a tribunal ruling that found he had attempted to shelter millions in an avoidance scheme. Patrick Degorce, chief investment officer at Theleme Partners, lost a tax tribunal case last year. HM Revenue & Customs c

  4. Europe - Hedge funds face exit tax as Iceland central bank discusses plan[more]

    From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca

  5. Hedge fund Oceanwood raises $2bn, to close to new investors[more]

    From Reuters.com: Europe-focused hedge fund Oceanwood Capital Management is closing its fund to new investors after its assets under management hit $2 billion (1 billion pounds) recently, a source with direct knowledge of the matter said. Oceanwood, a multi-strategy hedge fund spinout from Tudor Gro