Key Takeaways
- • SS&C GlobeOp's Capital Movement Index advanced 0.87% in March 2026, notably exceeding the 0.48% average over the prior decade, signaling strong net capital inflows into hedge funds during the period.
- • The hedge fund industry has extended a six-month positive streak in net flows, with subscriptions outpacing redemptions by approximately two-to-one ratios in recent positive months, according to SS&C Technologies Chairman and CEO Bill Stone.
- • Hedge fund gross performance measured 0.59% in February 2026, reflecting asset-weighted returns across SS&C GlobeOp-administered funds on its platform.
- • Positive capital flows have been driven by macroeconomic conditions including global geopolitical tensions, rising oil prices, inflation risks, and elevated market uncertainty—factors that typically enhance the appeal of hedge fund strategies offering uncorrelated risk-adjusted returns.
- • The SS&C GlobeOp Capital Movement Index measures monthly net subscriptions and redemptions as a percentage of total assets under administration, providing an unbiased window into institutional capital allocation patterns since its inception in January 2006.
Summary
Hedge fund capital flows have maintained positive momentum through mid-2026, with SS&C GlobeOp reporting a 0.87% advance in its Capital Movement Index for March—a substantial outperformance relative to the prior decade's 0.48% average monthly gain. This marks the continuation of a six-month positive streak in net flows, indicating sustained investor appetite for hedge fund strategies amid a complex macroeconomic environment.
According to Bill Stone, Chairman and Chief Executive Officer of SS&C Technologies, the March performance reflects "strong net capital flows into hedge funds," with recent positive months demonstrating subscription growth that has outpaced redemption activity by nearly two-to-one margins. The underlying drivers of this capital attraction include escalating geopolitical conflicts, surging oil prices, heightened inflation risks, and broader market uncertainty—conditions that historically align with institutional demand for hedge fund exposure due to their potential for uncorrelated, risk-adjusted returns relative to traditional equity and fixed-income markets.
Performance metrics show hedge fund gross returns of 0.59% in February 2026, measured through the SS&C GlobeOp Hedge Fund Performance Index. The index operates as an asset-weighted measure capturing gross aggregate performance of funds administered on the SS&C GlobeOp platform, providing monthly flash estimates on the ninth business day with subsequent interim and final reconciliations. This methodology eliminates selection bias and survivorship bias, offering institutional investors a transparent, consistent data window since the index's January 2006 inception.
The SS&C GlobeOp Capital Movement Index itself represents the ratio of monthly net capital flows (subscriptions minus redemptions) to total assets under administration for fund administration clients on the platform. This measure provides institutional investors with real-time visibility into capital allocation patterns across a substantial segment of the hedge fund industry, functioning as a leading indicator of investor sentiment and risk appetite in alternative asset markets. The extension of positive flows across six months suggests institutional capital remains committed to hedge fund strategies despite performance volatility in broader markets.
According to Bill Stone, Chairman and Chief Executive Officer of SS&C Technologies, the March performance reflects "strong net capital flows into hedge funds," with recent positive months demonstrating subscription growth that has outpaced redemption activity by nearly two-to-one margins. The underlying drivers of this capital attraction include escalating geopolitical conflicts, surging oil prices, heightened inflation risks, and broader market uncertainty—conditions that historically align with institutional demand for hedge fund exposure due to their potential for uncorrelated, risk-adjusted returns relative to traditional equity and fixed-income markets.
Performance metrics show hedge fund gross returns of 0.59% in February 2026, measured through the SS&C GlobeOp Hedge Fund Performance Index. The index operates as an asset-weighted measure capturing gross aggregate performance of funds administered on the SS&C GlobeOp platform, providing monthly flash estimates on the ninth business day with subsequent interim and final reconciliations. This methodology eliminates selection bias and survivorship bias, offering institutional investors a transparent, consistent data window since the index's January 2006 inception.
The SS&C GlobeOp Capital Movement Index itself represents the ratio of monthly net capital flows (subscriptions minus redemptions) to total assets under administration for fund administration clients on the platform. This measure provides institutional investors with real-time visibility into capital allocation patterns across a substantial segment of the hedge fund industry, functioning as a leading indicator of investor sentiment and risk appetite in alternative asset markets. The extension of positive flows across six months suggests institutional capital remains committed to hedge fund strategies despite performance volatility in broader markets.
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