New York (HedgeCo.net) – Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 0.35% in April.
“Outflows tend to be seasonally higher at quarter ends as investors rebalance their portfolios,” said Hans Hufschmid, chief executive officer, GlobeOp Financial Services (LSE:GO.). “Despite this, net flows for April were slightly positive.”
Cumulatively, the GlobeOp Capital Movement Index for April 2012 stands at 144.94 points, an increase of 0.35 points over March 2012. The Index has advanced 14.72 points over the past 12 months. The next publication date is May 11, 2012.