Hedge flows reach four-month peak 12 June 2014Windsor, Connecticut Reporter: Mark Dugdale
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The gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2014 measured 1.04 percent.
Total assets under administration on the GlobeOp platform represent approximately 10 percent of the estimated assets currently invested in the hedge fund sector.
SS&C GlobeOp Capital Movement Index saw hedge fund flows advance 1.01 percent in June. It currently stands at 150.55 points, having advanced 0.48 of a point over the past 12 months.
“Net flows increased slightly for June, reaching their highest levels in four months,” commented Bill Stone, chairman and CEO of SS&C Technologies.
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