Le Lézard
Classified in: Science and technology, Business
Subject: ECO

SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index


WINDSOR, Conn., Aug. 13, 2020 /PRNewswire/ -- The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2020 measured 1.82%.

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.55% in August.

"SS&C GlobeOp's Capital Movement Index for August 2020 rose 0.55%, indicating positive net flows. On a comparative basis, the 0.55% gain was higher than the 0.45% increase reported for the same period a year ago and was also the largest net inflow for any month of August since 2016," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "In the six months since the COVID19 has roiled markets and caused major economies to partially shut-down, hedge fund capital movements have been very stable by historical standards, indicating investor confidence in managers' ability to generate attractive returns while managing risk."

SS&C GlobeOp Hedge Fund Performance Index

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

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 August 2020 stands at 130.75 points, an increase of 0.55 points over July 2020. The Index has declined 1.34 points over the past 12 months. The next publication date is September 14, 2020.

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)

1.82%*

Year-to-date (YTD)

3.14%*

Last 12 month (LTM)

6.54%*

Life to date (LTD)

181.07%*

*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

132.34 in September 2019

12-month low

129.61 in January 2020

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

4.95% in December 2019

12-month low

2.26% in January 2020

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 services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about SS&C (NASDAQ: SSNC) is available at www.ssctech.com.

SOURCE: GlobeOp SS&C

SS&C GlobeOp (PRNewsFoto/SS&C)

 

SOURCE GlobeOp SS&C


These press releases may also interest you

at 10:00
The Canon EOS 6D is the most commonly used camera in 252 images which have made the shortlist for the RMG Astronomy Photographer of the Year competition in 2019 and 2020, according to analysis done by website Skies & Scopes. The camera was originally...

at 06:08
GWM (601633.SS/02333.HK), a leading automobile company in China, has formally announced to transform into a global mobility technology company. GWM has initiated a raft of major strategy upgrade including corporate culture, products, technology and...

at 03:00
PayBito has successfully added thousands of new Indian users in the last three months creating a milestone. Throughout the last few months, the company has been witnessing a significant increase in traffic, constant surges in trading volume, and new...

at 02:00
Qi Card today announced that it has seen increases in two important metrics for the company: in-app usage among current card holders and issuance of new Master Qi Cards. By the close of 2020, Qi Card will have five times more Master Cards in...

at 02:00
GetLinked® reviewed the features most commonly praised by customers in a recent survey. In doing the survey we found that what drives our customer retention is directly related to our mission to save our clients time, money and headaches. Saving time...

25 sep 2020
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Vaxart, Inc. . In early 2020, the Company, which focuses on...



News published on 13 august 2020 at 05:00 and distributed by: