SS&C GlobeOp’s hedge funds make February advance
12 March 2015 Connecticut
Image: Shutterstock
SS&C GlobeOp has confirmed that the gross return of its Hedge Fund Performance Index for February 2015 measured 2.19 percent, up from 1.18 percent in the previous month.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.66 percent in March, up from a 0.63 percent advance in February.
Cumulatively, the SS&C GlobeOp Capital Movement Index for March 2015 stands at 147.61 points, an increase of 0.66 points over February. The Index has declined 1.45 points over the past 12 months.
The SS&C GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C GlobeOp. This monthly net is divided by the total assets under administration for fund administration clients on the SS&C GlobeOp platform.
“March data showed a modest gain in the SS&C GlobeOp Capital Movement Index with both inflows and outflows somewhat muted, but broadly in line with seasonal expectations,” said Bill Stone, chairman and CEO of SS&C Technologies.
“The overall steadiness of the increase in hedge fund investments is noteworthy in light of recent higher volatility in financial markets. Clearly, there is considerable uncertainty around a number of issues.”
Stone cited the direction of central bank policies, the EU response to Greece, the impact of sharply lower oil prices, and heightened international tensions as causes of market volatility.
Despite this, Stone claimed that the data indicates that investors are showing “continued confidence” in alternative markets.
SS&C GlobeOp’s data on the GlobeOp platform represents approximately 10 percent of the hedge fund industry.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.66 percent in March, up from a 0.63 percent advance in February.
Cumulatively, the SS&C GlobeOp Capital Movement Index for March 2015 stands at 147.61 points, an increase of 0.66 points over February. The Index has declined 1.45 points over the past 12 months.
The SS&C GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C GlobeOp. This monthly net is divided by the total assets under administration for fund administration clients on the SS&C GlobeOp platform.
“March data showed a modest gain in the SS&C GlobeOp Capital Movement Index with both inflows and outflows somewhat muted, but broadly in line with seasonal expectations,” said Bill Stone, chairman and CEO of SS&C Technologies.
“The overall steadiness of the increase in hedge fund investments is noteworthy in light of recent higher volatility in financial markets. Clearly, there is considerable uncertainty around a number of issues.”
Stone cited the direction of central bank policies, the EU response to Greece, the impact of sharply lower oil prices, and heightened international tensions as causes of market volatility.
Despite this, Stone claimed that the data indicates that investors are showing “continued confidence” in alternative markets.
SS&C GlobeOp’s data on the GlobeOp platform represents approximately 10 percent of the hedge fund industry.
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