WINDSOR, Conn.--(BUSINESS WIRE)--Jun 12, 2025--
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC ) today announced the gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2025 measured 0.85%.
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Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.59% in June.
“SS&C GlobeOp’s Capital Movement Index for June 2025 was 0.59%, continuing a five-month trend of positive monthly inflows,” said Bill Stone, Chairman and Chief Executive Officer of SS&C Technologies. “Although market volatility has receded by more than 50% from the highs seen in April 2025, uncertainty persists as tariff deadlines are extended and geopolitical conflicts continue. The diversification benefits of hedge funds provide an attractive allocation option during uncertain times.”
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 June 2025 stands at 126.38 points, an increase of 0.59 points over May 2025. The Index has advanced 1.82 points over the past 12 months. The next publication date is July 14, 2025.
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 (the Index) is a family of indices published by SS&C GlobeOp. A unique set of indices by a hedge fund administrator, it offers clients, investors and the overall market a welcome transparency on liquidity, investor sentiment and performance. The Index is based on a significant platform of diverse and representative assets.
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
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. More than 22,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.
Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
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SS&C GlobeOp Capital Movement Index
SS&C GlobeOp Hedge Fund Performance Index
WASHINGTON (AP) — Defense Secretary Pete Hegseth said Tuesday the Pentagon will not publicly release unedited video of a U.S. military strike that killed two survivors of an initial attack on a boat allegedly carrying cocaine in the Caribbean, as questions mounted in Congress about the incident and the overall buildup of U.S. military forces near Venezuela.
President Donald Trump further ramped up the pressure late Tuesday by announcing a blockade of all sanctioned oil tankers into Venezuela, which has long relied on oil revenue as the lifeblood of its economy.
Hegseth said members of the Armed Services Committee in the House and Senate would have an opportunity this week to review the attack video, but did not say whether all members of Congress would be allowed to see it as well.
“Of course we're not going to release a top secret, full, unedited video of that to the general public,” Hegseth told reporters as he exited a closed-door briefing with senators.
Trump's Cabinet members overseeing national security were on Capitol Hill on Tuesday to defend a campaign that has killed at least 95 people in 25 known strikes on vessels in international waters in the Caribbean and eastern Pacific. Overall, they defended the campaign as a success, saying it has prevented drugs from reaching American shores, and they pushed back on concerns that it is stretching the bounds of lawful warfare.
Secretary of State Marco Rubio told reporters the campaign is a “counter-drug mission” that is “focused on dismantling the infrastructure of these terrorist organizations that are are operating in our hemisphere, undermining the security of Americans, killing Americans, poisoning Americans.”
Lawmakers have been focused on the Sept. 2 attack on two survivors as they sift through the rationale for a broader U.S. military buildup in the region. On the eve of the briefings, the U.S. military said it attacked three more boats believed to have been smuggling drugs in the eastern Pacific Ocean, killing eight people.
Senate Democratic leader Chuck Schumer said Hegseth had come “empty handed” to the briefing, without a pledge to more broadly release the video of the Sept. 2 strike.
“If they can’t be transparent on this, how can you trust their transparency on all the other issues swirling about in the Caribbean?” the New York Democrat said.
Senators on both sides of the aisle said the officials left them in the dark about Trump's goals when it comes to President Nicolás Maduro or sending U.S. forces directly to the South American nation.
“I want to address the question, is it the goal to take him out? If it’s not the goal to take him out, you’re making a mistake,” said Sen. Lindsey Graham, a South Carolina Republican who defended the legality of the campaign and said he wanted to see Maduro removed from power.
The U.S. has deployed warships, flown fighter jets near Venezuelan airspace and seized an oil tanker as part of its campaign against Maduro, who has insisted the real purpose of the U.S. military operations is to force him from office. Maduro said on a weekly state television show Monday that his government still does not know the whereabouts of the tanker’s crew. He criticized the United Nations for not speaking out against what he described as an “act of piracy” against “a private ship carrying Venezuelan oil.”
Maduro's government for years has evaded U.S. oil sanctions by smuggling its crude into global supply chains on a shadow fleet of unflagged tankers.
Trump's Republican administration has not sought any authorization from Congress for action against Venezuela. The go-it-alone approach, experts say, has led to problematic military actions, none more so than the strike that killed two people who had climbed on top of part of a boat that had been partially destroyed in an initial attack.
“If it’s not a war against Venezuela, then we’re using armed force against civilians who are just committing crimes,” said John Yoo, a Berkeley Law professor who helped craft the George W. Bush administration's legal arguments and justification for aggressive interrogation after the Sept. 11, 2001, attacks. “Then this question, this worry, becomes really pronounced. You know, you’re shooting civilians. There’s no military purpose for it."
Yet for the first several months, Congress received little more than a trickle of information about why or how the U.S. military was conducting the operations. At times, lawmakers have learned of strikes from social media after the Pentagon posted videos of boats bursting into flames.
Hegseth now faces language included in an annual military policy bill that threatens to withhold a quarter of his travel budget if the Pentagon does not provide unedited video of the strikes to the House and Senate Committees on Armed Services.
For some, the controversy over the footage demonstrates the flawed rationale behind the entire campaign.
“The American public ought to see it. I think shooting unarmed people floundering in the water, clinging to wreckage, is not who we are as a people," said Sen. Rand Paul, a Kentucky Republican who has been an outspoken critic of the campaign.
But senators were told the Trump administration won’t release all of the Sept. 2 attack footage because it would reveal U.S. military practices on intelligence gathering, said Democratic Sen. Elizabeth Warren of Massachusetts. She said the reasoning ignores that the military has already released footage of the initial attack.
“They just don’t want to reveal the part that suggests war crimes,” she said.
Some GOP lawmakers are determined to dig into the details of the Sept. 2 attack. Adm. Frank “Mitch” Bradley, who ordered the second strike, was expected back on Capitol Hill on Wednesday for classified briefings with the Senate and House Armed Services committees. The committees would also review video of the Sept. 2 strikes, Hegseth said.
Still, many Republicans emerged from the briefings backing the campaign, defending their legality and praising the “exquisite intelligence” that is used to identify targets. House Speaker Mike Johnson called the strike “certainly appropriate” and “necessary to protect the United States and our interests.”
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Associated Press writer Regina Garcia Cano in Caracas, Venezuela, contributed reporting.
Speaker of the House Mike Johnson, R-La., departs a briefing on military strikes near Venezuela, Tuesday, Dec. 16, 2025, at the Capitol in Washington. (AP Photo/Julia Demaree Nikhinson)
Chairman of the Joint Chiefs Air Force Gen. Dan Caine arrives to brief members of Congress on military strikes near Venezuela, Tuesday, Dec. 16, 2025, at the Capitol in Washington. (AP Photo/Julia Demaree Nikhinson)
Defense Secretary Pete Hegseth arrives to brief members of Congress on military strikes near Venezuela, Tuesday, Dec. 16, 2025, at the Capitol in Washington. (AP Photo/Julia Demaree Nikhinson)
Secretary of State Marco Rubio arrives to brief members of Congress on military strikes near Venezuela, Tuesday, Dec. 16, 2025, at the Capitol in Washington. (AP Photo/Julia Demaree Nikhinson)
Defense Secretary Pete Hegseth departs the Capitol after briefing members of Congress on military strikes near Venezuela, Tuesday, Dec. 16, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson)
Defense Secretary Pete Hegseth arrives to brief members of Congress on military strikes near Venezuela, Tuesday, Dec. 16, 2025, at the Capitol in Washington. (AP Photo/Julia Demaree Nikhinson)
Secretary of State Marco Rubio walks to a secure room in the basement of the Capitol to brief senators on military strikes near Venezuela, Tuesday, Dec. 16, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson)
Defense Secretary Pete Hegseth walks to the auditorium to brief members of congress on military strikes near Venezuela at the Capitol, Tuesday, Dec. 16, 2025, in Washington. (AP Photo/Jose Luis Magana)
A runner jogs past the U.S. Capitol shortly after sunrise, Tuesday, Dec. 16, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson)
Secretary of State Marco Rubio, accompanied by Paraguay's Foreign Minister Rubén Ramírez Lezcano, speaks during the signing ceremony of the United States-Paraguay Status of Forces Agreement at the State Department in Washington, Monday, Dec. 15, 2025. (AP Photo/Jose Luis Magana)
President Donald Trump speaks during a Mexican Border Defense Medal presentation in the Oval Office of the White House, Monday, Dec. 15, 2025, in Washington, as Defense Secretary Pete Hegseth, looks on. (AP Photo/Alex Brandon)
Defense Secretary Pete Hegseth listens as President Donald Trump speaks during a Mexican Border Defense Medal presentation in the Oval Office of the White House, Monday, Dec. 15, 2025, in Washington. (AP Photo/Alex Brandon)
