WINDSOR, Conn., Nov.
13, 2018 /PRNewswire/ -- The gross return of the SS&C
GlobeOp Hedge Fund Performance Index for October 2018 measured -3.07%.
Hedge fund flows as measured by the SS&C GlobeOp Capital
Movement Index advanced 0.64% in November.
"SS&C GlobeOp's Capital Movement Index rose 0.64% for
November, an increase from the 0.23% gain for the same period a
year ago," said Bill Stone, Chairman
and Chief Executive Officer, SS&C Technologies. "The increase
in net flows this past month indicates investors are confident in
hedge fund managers' ability to generate favorable risk-adjusted
returns in a period of increased market volatility."
SS&C GlobeOp Hedge Fund Performance Index
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 SS&C 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.
The SS&C GlobeOp Hedge Fund Performance Index offers a
unique reflection of the return on capital invested in funds.
It does not overstate exposure to, or the contribution of, any
single strategy to aggregate hedge fund performance. Since its
inception, the correlation of the SS&C GlobeOp Performance
Index to many popular equity market indices has been approximately
25% to 30%. This is substantially lower than the equivalent
correlation of other widely followed hedge fund performance
indices.
SS&C GlobeOp Capital Movement Index
The SS&C GlobeOp Capital Movement Index represents the
monthly net of hedge fund subscriptions and redemptions
administered by SS&C GlobeOp on the SS&C GlobeOp platform.
This monthly net is divided by the total assets under
administration (AuA) for fund administration clients on the
SS&C GlobeOp platform.
Cumulatively, the SS&C GlobeOp Capital Movement Index for
November 2018 stands at 133.57
points, an increase of 0.64 points over October 2018. The
Index has declined 3.65 points over the past 12 months. The next
publication date is December 13,
2018.
Published on the ninth business day of each month, the SS&C
GlobeOp Capital Movement Index presents a timely and accurate view
of investments in hedge funds on the SS&C GlobeOp
administration platform. Data is based on actual subscriptions and
redemptions independently calculated and confirmed from real
capital movements, and published only a few business days after
they occur. Following the month of its release, the Index may be
updated for capital movements that occurred after the fifth
business day.
SS&C GlobeOp Hedge Fund Performance Index
Base
|
100 points on 31
December 2005
|
Flash estimate
(current month)
|
-3.07%*
|
Year-to-date
(YTD)
|
2.49%*
|
Last 12 month
(LTM)
|
2.94%*
|
Life to date
(LTD)
|
152.35%*
|
*All numbers reported
above are gross
|
|
SS&C GlobeOp Capital Movement Index
Base
|
100 points on 31
December 2005
|
All time
high
|
150.77 in September
2013
|
All time
low
|
99.67 in January
2006
|
12-month
high
|
137.09 in December
2017
|
12-month
low
|
132.93 in October
2018
|
Largest monthly
change
|
- 15.21 in January
2009
|
SS&C GlobeOp Forward Redemption Indicator
All time
high
|
19.27% in November
2008
|
All time
low
|
1.85% in January
2012
|
12-month
high
|
4.18% in December
2017
|
12-month
low
|
2.20% in January
2018
|
Largest monthly
change
|
9.60% in November
2008
|
About the SS&C GlobeOp Hedge Fund Index®
The SS&C GlobeOp Hedge Fund Index (the Index) is a family of
indices published by SS&C GlobeOp. A unique set of indices by a
hedge fund administrator, it offers clients, investors and the
overall market a welcome transparency on liquidity, investor
sentiment and performance. The Index is based on a significant
platform of diverse and representative assets.
The SS&C GlobeOp Hedge Fund Index is available at
www.sscglobeopindex.com or through a link on the homepage of
www.sscglobeop.com. Alert and RSS subscriber options are available
at www.sscglobeop.com. Index Twitter comments: #HFindex.
The SS&C GlobeOp Capital Movement Index and the SS&C
GlobeOp Forward Redemption Indicator provide monthly reports based
on actual and anticipated capital movement data independently
collected from all hedge fund clients for whom SS&C GlobeOp
provides administration services on the SS&C GlobeOp
platform.
The SS&C GlobeOp Hedge Fund Performance Index is an
asset-weighted benchmark of the aggregate performance of funds for
which SS&C GlobeOp provides monthly administration services on
the SS&C GlobeOp platform. Flash estimate, interim and final
values are provided, in each of three months respectively,
following each business month-end.
While individual fund data is anonymized by aggregation, the
SS&C GlobeOp Hedge Fund Index data will be based on the same
reconciled fund data that SS&C GlobeOp uses to produce fund net
asset values (NAV). Funds acquired through the acquisition of Citi
Alternative Investor Services are integrated into the index suite
starting with the January 2017
reporting periods. SS&C GlobeOp's total assets under
administration on the SS&C GlobeOp platform represent
approximately 10% of the estimated assets currently invested in the
hedge fund sector. The investment strategies of the funds in the
indices span a representative industry sample. Data for middle and
back office clients who are not fund administration clients is not
included in the Index, but is included in the Company's results
announcement figures.
About SS&C Technologies
SS&C is a global
provider of investment and financial software-enabled services and
software for the global financial services and healthcare
industries. Founded in 1986, SS&C is headquartered in
Windsor, Connecticut and has
offices around the world. Some 13,000 financial services and
healthcare organizations, from the world's largest institutions to
local firms, manage and account for their investments using
SS&C's products and services.
Additional information about SS&C (NASDAQ: SSNC) is
available at www.ssctech.com.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/ssc-globeop-hedge-fund-performance-index-and-capital-movement-index-300748643.html
SOURCE GlobeOp SS&C