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Alternative Market Briefing

SS&C: Hedge funds register net inflows in August, return +0.97% in July

Tuesday, August 14, 2018

Laxman Pai, Opalesque Asia:

The gross return of the SS&C GlobeOp Hedge Fund Performance Index July 2018 measured 0.97%, said a press release. It also said that hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.24% in August.

Cumulatively, the SS&C GlobeOp Capital Movement Index for August 2018 stands at 134.30 points, an increase of 0.24 points over July 2018. The Index has declined 3.83 points over the past 12 months. The next publication date is September 14, 2018.

The release quoted Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies as saying that: "SS&C GlobeOp's Capital Movement Index for August 2018 gained 0.24%, reflecting positive net inflows. This gain was slightly better than the 0.23% gain reported for the same period a year ago for August 2017. "Together with other recent data points, the Capital Movement Index indicates that the hedge fund sector continues to benefit from favorable levels of new investment and strong asset retention."

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 h......................

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