Hedge fund performance dips from highs
The results were down from the all-time high reported the previous month, which saw the index reach 150.07 in June.
Bill Stone, chairman and chief executive officer, SS&C Technologies, said: “Outflows exceeded inflows for the month, with capital activity mirroring prior quarter-ends and reflecting typical investor activity.”
The SS&C GlobeOp Hedge Fund Performance Index provides an asset-weighted performance snapshot for funds administered on the SS&C GlobeOp platform.
SS&C GlobeOpsaid the despite the fall in July, the platform had shown year to date returns of 5.06%, with an 11.07% return over the past 12 months.
Found this useful?
Take a complimentary trial of the FOW Marketing Intelligence Platform – the comprehensive source of news and analysis across the buy- and sell- side.
Gain access to:
- A single source of in-depth news, insight and analysis across Asset Management, Securities Finance, Custody, Fund Services and Derivatives
- Our interactive database, optimized to enable you to summarise data and build graphs outlining market activity
- Exclusive whitepapers, supplements and industry analysis curated and published by Futures & Options World
- Breaking news, daily and weekly alerts on the markets most relevant to you