Opalesque Industry Update – The gross return of the GlobeOp Hedge Fund Performance Index for December 2012 measured 1.27% (10.32% YTD gross). Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 2.58% in January 2013. Cumulatively, the SS&C GlobeOp Capital Movement Index for January 2013 stands at 146.93 points, a decrease of 2.58 points over December 2012. The Index has advanced 6.58 points over the past 12 months. The next publication date is February 13, 2013. “We continue to see high volumes of asset movement between funds with both subscriptions into funds as well as redemptions posting 12 month highs and redemptions outpacing subscriptions overall,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. Full press release: Source Bg |