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Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.21% in March.

"SS&C GlobeOp's Capital Movement Index rose 0.21% for March 2019, reflecting positive net flows," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.

"Although slightly lower than the 0.41% gain in net flows reported for the same period a year ago for March 2018, this result indicates stable allocations to the hedge fund sector, even after several months of heightened market volatility," he added.

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 hedge fund performance indices.

The SS&C GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C GlobeOp on the SS&C GlobeOp platform. This monthly net is divided by the total assets under administration (AuA) for fund administration clients on the SS&C GlobeOp platform.

Cumulatively, the SS&C GlobeOp Capital Movement Index for March 2019 stands at 133.18 points, an increase of 0.21 points over February 2019. The Index has declined 3.53 points over the past 12 months. The next publication date is April 11, 2019.