Hedge funds flows are down 0.95% after 0.82% growth last month
Hedge funds have seen their performance
drop this month, bucking the trend of steady increases in
February and March, according to a new report from fund
The firm said that its Capital Movement
Index saw hedge fund’s performance decline in the
early part of April by 0.95%.
"Reflecting typical seasonal patterns,
SS&C GlobeOp’s Capital Movement Index declined
in April 2016, coming in at -0.95%, compared to 0.75% for March
2016," Bill Stone, chairman and chief executive officer at
SS&C Technologies said in a statement.
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