Hedge fund flows as measured by the GlobeOp Capital Movement Index were negative 0.2% in July.
"July flows again reflected quarterly re-allocations by investors. Outflows slightly exceeded inflows for the month, while total outflows have been remarkably similar on the last four quarterly dates,” says Hans Hufschmid (pictured), chief executive officer, GlobeOp Financial Services (LSE:GO.).
The GlobeOp Capital Movement Index represents the monthly net of 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 July 2011 stands at 133.86 points, a decrease of 0.2 points over June 2011. The Index was based at 100 on December 31, 2005 and has advanced 16.04 points over the past 12 months. The next publication date is August 10, 2011.
Published on the eighth business day of each month, the GlobeOp Capital Movement Index presents a timely and accurate view of investments in hedge funds on the 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 5th business day.
