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

Windsor - 14 January 2016

SS&C GlobeOp Hedge Fund Performance Index: December performance -0.34%; Capital Movement Index: January net flows decline 2.77%

The gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2015 measured -0.34%.

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 2.77% in January.

“January typically sees the highest outflows of any month as investor rebalancing occurs,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This seasonality can be seen in SS&C GlobeOp’s Capital Movement Index for January 2016 which came in at -2.77% following a gain of 0.75% for December 2015. In terms of the year-over-year comparison, the -2.77% for January 2016 is an improvement over -3.28% for January 2015, a favorable result particularly in view of recent market turmoil.”

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

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 January 2016 stands at 143.44 points, a decrease of 2.77 points over December 2015. The Index has declined 2.81 points over the past 12 months. The next publication date is February 11, 2016.

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)

-0.34%*

Year-to-date (YTD)

4.99%*

Last 12 month (LTM)

4.99%*

Life to date (LTD)

119.01%*

 

*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

147.58 in March 2015

12-month low

143.44 in January 2016

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

4.98% in December 2015

12-month low

2.08% in July 2015

Largest monthly change

9.60% in November 2008

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