Hedge fund flows as measured by the GlobeOp Capital Movement Index were negative 0.05% in April, and the GlobeOp Forward Redemption Indicator declined slightly to 3.26% during the month of March.
“Investor sentiment remained calm during the reporting period, despite events in Japan and in the Middle East,” says Hans Hufschmid, chief executive officer, GlobeOp Financial Services.
The GlobeOp Capital Movement Index represents the monthly net of subscriptions to and redemptions from hedge funds administered by GlobeOp, divided by the total assets under administration (AuA) for GlobeOp’s fund administration clients. Redemptions were slightly greater than subscriptions for the month of April.
Cumulatively, the GlobeOp Capital Movement Index for April 2011 stands at 130.19 points, a decrease of 0.05 points over March 2011. The Index was based at 100 on December 31, 2005 and has advanced 17.19 points over the past 12 months. The next publication date is May 11th, 2011.
The GlobeOp Forward Redemption Indicator for March 2011 stands at 3.26%, a decrease of 0.10% from February 2011. The Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by GlobeOp, divided by the AuA at the beginning of the month for GlobeOp fund administration clients. Going forward, the Forward Redemption Indicator will be published on the 15th business day of each month. The next publication date is April 21st, 2011.
