Key Takeaways
- • The SS&C GlobeOp Hedge Fund Performance Index fell 1.79% in March, according to SS&C Technologies.
- • The firm's Capital Movement Index rose 0.26% in April, a modest net inflow signal that SS&C said stood out against typical seasonal patterns.
- • The Capital Movement Index reached 129.79 points, up 0.26 points from March and nearly five points higher over the past year.
- • SS&C chairman and CEO Bill Stone attributed the environment to elevated global volatility from geopolitical tensions, higher energy prices and AI-related disruption, which he argued can support hedge fund managers, particularly those generating returns uncorrelated to broader markets.
Summary
Hedge fund performance declined in March, with the SS&C GlobeOp Hedge Fund Performance Index recording a 1.79% fall for the month, according to SS&C Technologies. Over the same period, the firm's Capital Movement Index showed a 0.26% increase in hedge fund flows in April, which SS&C noted was unusual given that capital flows typically trend negative during seasonal portfolio rebalancing.
The Capital Movement Index tracks net investor inflows and outflows across funds serviced by SS&C GlobeOp, expressed as a percentage of assets under administration. The latest reading brought the index to 129.79 points, up 0.26 points from March and nearly five points higher over the past year.
Bill Stone, chairman and chief executive of SS&C Technologies, said the latest reading came amid elevated global volatility driven by geopolitical tensions, higher energy prices and disruption linked to artificial intelligence. He argued that these conditions can create a more supportive environment for hedge fund managers, particularly those able to generate returns uncorrelated to broader markets.
The SS&C data is based on actual subscriptions, redemptions and fund performance across the firm's administration platform and is widely used as a snapshot of industry trends. The performance index is asset-weighted and reflects aggregated net asset value data rather than individual fund selection effects.
The Capital Movement Index tracks net investor inflows and outflows across funds serviced by SS&C GlobeOp, expressed as a percentage of assets under administration. The latest reading brought the index to 129.79 points, up 0.26 points from March and nearly five points higher over the past year.
Bill Stone, chairman and chief executive of SS&C Technologies, said the latest reading came amid elevated global volatility driven by geopolitical tensions, higher energy prices and disruption linked to artificial intelligence. He argued that these conditions can create a more supportive environment for hedge fund managers, particularly those able to generate returns uncorrelated to broader markets.
The SS&C data is based on actual subscriptions, redemptions and fund performance across the firm's administration platform and is widely used as a snapshot of industry trends. The performance index is asset-weighted and reflects aggregated net asset value data rather than individual fund selection effects.
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