The gross return of the SS&C GlobeOp Hedge Fund Performance Index for September 2015 showed a drop of 1.56 percent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.13 percent in October.
“SS&C GlobeOp’s Capital Movement Index for October 2015was -1.13 percent, down from the previous month’s 0.62percent, reflecting primarily seasonal factors,” said Bill Stone, chairman and CEO, SS&C Technologies. “Comparing year-over-year flows, the -1.13 percent for October 2015 was virtually identical to the October 2014 reading of -1.12 percent, with both inflows and outflows closely in line for the comparative periods.”
There’s a historical perspective, according to Stone, that suggests the declines are not cause for concern. He said in a news release, “We have been analyzing our Capital Movement Index and Forward Redemption Indicator carefully in the wake of recent market volatility. October’s results are certainly indicative of overall stability in hedge fund allocations.”
SS&C, based in Windsor, says its GlobeOp Hedge Fund Index is the first independently derived and confirmed hedge fund flows with no selection bias. It is presented as “a unique and timely window on liquidity and investor sentiment.” The index includes the SS&C GlobeOp Capital Movement Index, SS&C GlobeOp Hedge Fund Performance Index and SS&C GlobeOp Forward Redemption Indicator.
SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Its clients in the aggregate manage over $44 trillion in assets.
