Hedge fund flows as measured by the GlobeOp Capital Movement Index were down 1.17 per cent in July.
"July flows again reflected quarterly re-allocations by investors. While outflows exceeded inflows for the month, the outflow is very much in line with prior quarter ends,” says Hans Hufschmid, chief executive officer, GlobeOp Financial Services.
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 for GlobeOp’s fund administration.
Cumulatively, the GlobeOp Capital Movement Index for July 2012 stands at 146.53 points, a decrease of 1.17 points over June 2012. The index has advanced 12.58 points over the past 12 months. The next publication date is 10 August 2012.
Published on the eighth business day of each month, the GlobeOp Capital Movement Index presents a view of investments in hedge funds on the GlobeOp administration platform.