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SS&C GlobeOp Hedge Fund Performance Index up 1.07% in August

Wednesday, September 15, 2021
Opalesque Industry Update - SS&C Technologies Holdings announced that the gross return of the SS&C GlobeOp Hedge Fund Performance Index for August 2021 measured 1.07%.

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.40% in September.

"SS&C GlobeOp's Capital Movement Index rose 0.40% for September 2021, reflecting positive net flows into funds," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "On a year-over-year basis, the 0.40% reported for September 2021 compares favorably to the 0.32% increase reported a year ago. This result continues the strong asset growth and retention trend by hedge funds that have emerged since the COVID-19 outbreak."

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 SS&C GlobeOp platform. Interim and final values, both gross and net, are provided in each of the two following months, respectively. Online data can be segmented by gross and net performance, and by time periods. The SS&C GlobeOp Hedge Fund Performance Index is transparent, consistent in data processing, and free from selection or survivorship bias. Its inception date is January 1, 2006.

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 September 2021 stands at 131.44 points, an increase of 0.40 points over August 2021. The Index has advanced 0.39 points over the past 12 months. The next publication date is October 13th, 2021.

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