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"Investors remain committed to hedge funds despite volatility in many markets,” said 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. Subscriptions were greater than redemptions for the month of May.

Cumulatively, the GlobeOp Capital Movement Index for June 2011 stands at 133.84 points, an increase of 1.36 points over May 2011. The Index was based at 100 on December 31, 2005 and has advanced 16.02 points over the past 12 months. The next publication date is July 12, 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. Corporate website: www.globeopindex.com

- FG