New York (HedgeCo.net) – The latest report from investment software provider SS&C shows that the average hedge fund lost 1.56% in September which is better than the 2.64% the S&P 500 lost. The SS&C GlobeOp Hedge Fund Performance Index shows a year to date gain of 4.53% through the end of September which was considerably better than the 6.74% loss by the S&P.

As a comparison, the results for the HFR Hedge Fund Index was released last week and showed a loss of 1.07% for September and a YTD loss of 1.35%.In addition to the performance numbers being released by SS&C, they also released their fund flows report for October which showed an outflow of 1.13%.

“SS&C GlobeOp’s Capital Movement Index for October 2015 was -1.13%, down from the previous month’s 0.62%, reflecting primarily seasonal factors,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “Comparing year-over-year flows, the -1.13% for October 2015 was virtually identical to the October 2014 reading of -1.12%, with both inflows and outflows closely in line for the comparative periods. We have been analyzing our Capital Movement Index and Forward Redemption Indicator carefully in the wake of recent market volatility. October’s results are certainly indicative of overall stability in hedge fund allocations.”

Rick Pendergraft
Research Analyst
HedgeCoVest