Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.14% in April.
“The negative CMI for April reflects the typical seasonal pattern. There was a slight decline compared to last April’s results (-1.14% vs. -.50% a year ago) which occurred despite lower outflows this year, as a drop in new contributions outweighed this. So far in 2015, the overall trend suggests stability in allocations to hedge funds,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
Meanwhile, the Eurekahedge Hedge Fund Index was up 0.83% in March, outperforming the MSCI World Index which ended the month slightly down 0.39%.
The Barclay Hedge Fund Index reported gains of 2.63% in the first quarter vs. 0.95% for the S&P 500.
Editing by Alex Akesson
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