Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 1.55% in December.
"December closes the year on a positive note with net inflows of 1.55 percent, driven primarily by healthy subscriptions," said Hans Hufschmid (pictured), chief executive officer, GlobeOp Financial Services (LSE:GO.).
The GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by GlobeOp. This monthly net is divided by the total assets under administration (AuA) for GlobeOp’s fund administration clients.
Cumulatively, the GlobeOp Capital Movement Index for December 2011 stands at 141.01 points, an increase of 1.55 points over November 2011. The Index has advanced 14.40 points over the past 12 months. The next publication date is 12 January, 2012.