Opalesque Industry Update - Hedge fund flows as measured by the GlobeOp Capital Movement Index declined 0.88% in January.|
“In line with year-end portfolio rebalancing, January net capital flows were negative,” said Hans Hufschmid, chief executive officer, GlobeOp Financial Services. “The net figures were therefore not unexpected. Interestingly, January’s inflows were the highest in 12 months; outflows were the second lowest in seven years.”
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 January 2012 stands at 140.18 points, a decrease of 0.88 points over December 2011. The Index has advanced 12.89 points over the past 12 months.
The next publication date is February 10, 2012. 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.
GlobeOp Financial Services (LSE:GO.) is an independent administrator of middle and back office services, integrated risk reporting and portfolio analytics for hedge funds, managed accounts and fund of funds. Our expertise further extends to family wealth offices, insurance companies, pension funds, corporate treasuries and private/regional banks. By outsourcing to GlobeOp, clients can reduce their technology investments and operational risks, while increasing their focus on asset generation and portfolio management. Established in 2000, GlobeOp serves approximately 200 clients worldwide, representing $173 billion in assets under administration. Headquartered in London and New York, GlobeOp employs over 2,000 people on three continents through its 10 offices in the Cayman Islands, India, Ireland, the UK and US. www.globeop.com