New York (HedgeCo.Net) – SS&C GlobeOp announced that its Hedge Fund Performance Index for August measured 1.10% and its Capital Movement Index showed net flows advance 0.58% in September.
“Subscriptions were nearly double that of redemptions for September, although capital activity was generally lower overall,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
Total assets under administration on the GlobeOp platform represent approximately 10% of the estimated assets currently invested in the hedge fund sector.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.58% in September. The gross return of the SS&C GlobeOp Hedge Fund Performance Index for August 2014 measured 1.10%.
