Industry Updates

GlobeOp Capital Movement Index up 2.25% in February

Friday, February 10, 2012

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Opalesque Industry Update - Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 2.25% in February.

“Net flows were positive, against a backdrop of record low outflows,” said 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 (AuA) for GlobeOp's fund administration clients.

Cumulatively, the GlobeOp Capital Movement Index for February 2012 stands at 142.60 points, an increase of 2.25 points over January 2012. The Index has advanced 13.48 points over the past 12 months. The next publication date is March 12, 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 when the data is drawn for publication.

(press release)

About GlobeOp Financial Services
GlobeOp Financial Services 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 11 offices in the Cayman Islands, India, Ireland, the UK and US. Further information: www.globeop.com

- FG

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