New York (HedgeCo.net) – Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 1.24% in May.
“May produced another month of positive net flows into hedge funds,” said Hans Hufschmid, chief executive officer, GlobeOp Financial Services (LSE:GO.). “Gross inflows and outflows were moderate.”
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 May 2012 stands at 146.10 points, an increase of 1.24 points over April 2012. The Index has advanced 13.47 points over the past 12 months. The next publication date is June 14, 2012.
