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.
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