SS&C GlobeOp hedge fund index up 0.34 percent 11 june 2015Windsor, Connecticut Reporter: Stephen Durham
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SS&C GlobeOp has announced that the gross return of its Hedge Fund Performance Index for May 2015 measured 2.20 percent, up from 0.34 percent in the previous month.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.31 percent in June, down from a 0.92 percent advance in May.
SS&C GlobeOp’s data on the GlobeOp platform represents approximately 10 percent of the hedge fund industry.
“SS&C GlobeOp’s Capital Movement Index showed net flows into hedge funds increased at a moderate 0.31 percent for June 2015, following May’s strong showing,” said Bill Stone, chairman and CEO of SS&C Technologies.
Cumulatively, the SS&C GlobeOp Capital Movement Index for June 2015 stands at 147.55 points, an increase of 0.31 point over May 2015. The index has declined 2.88 points over the past 12 months.
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