The gross return of the SS&C GlobeOp Hedge Fund Performance Index for October 2013 measured 1.06%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.16% in November.
“Capital flows for the month were slightly positive, with subscription levels reaching a 10-month high,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance. On the ninth business day of each month it provides a flash estimate of the gross aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the GlobeOp platform. Interim and final values, both gross and net, are provided in each of the two following months, respectively. Online data can be segmented by gross and net performance, and by time periods. The SS&C GlobeOp Hedge Fund Performance Index is transparent, consistent in data processing, and free from selection or survivorship bias. Its inception date is January 1, 2006.