New York (HedgeCo.Net) – The gross return of the SS&C GlobeOp Hedge Fund Performance Index for April 2013 measured 1.44%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.63% in May.
“Subscriptions outpaced redemptions for the month of May, whereas capital activity volume was generally down from prior month levels,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
Cumulatively, the SS&C GlobeOp Capital Movement Index for May 2013 stands at 149.02 points, an increase of 0.63 points over April 2013. The Index has advanced 2.98 points over the past 12 months.
Alex Akesson
For HedgeCo.net
alex@hedgeco.net
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