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SS&C GlobeOp Hedge Fund Performance Index and Capital Movement IndexWINDSOR, Conn., Jan. 14, 2021 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that the gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2020 measured 3.70%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.67% in January. "SS&C GlobeOp's Capital Movement Index for January 2021 of -1.67% reflects net outflows, as is typical, based on normal seasonality. On a comparative basis, it is noteworthy that the -1.67% represents lower outflows than the -2.11% reported a year ago and is also the lowest net outflow for any month of January since 2012," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "This comparative improvement is consistent with the favorable pattern in net flows that have emerged since the COVID-19 outbreak began affecting markets during the first quarter of 2020." SS&C GlobeOp Hedge Fund Performance Index 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 Cumulatively, the SS&C GlobeOp Capital Movement Index for January 2021 stands at 128.77 points, a decrease of 1.67 points over December 2020. The Index has declined 0.84 points over the past 12 months. The next publication date is February 11th, 2021. 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
SS&C GlobeOp Capital Movement Index
SS&C GlobeOp Forward Redemption Indicator
About the SS&C GlobeOp Hedge Fund Index® 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 SOURCE: GlobeOp SS&C Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com. Follow SS&C on Twitter, LinkedIn and Facebook. View original content to download multimedia:http://www.prnewswire.com/news-releases/ssc-globeop-hedge-fund-performance-index-and-capital-movement-index-301207938.html SOURCE GlobeOp SS&C |