GlobeOp: Hedge Funds Advance 1.60% in June

New York (HedgeCo.net) – Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 1.60% in June.

“Solid net flows into hedge funds continued in June,” said Hans Hufschmid, chief executive officer, GlobeOp Financial Services (LSE:GO.).

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 June 2012 stands at 147.64 points, an increase of 1.60 points over May 2012. The Index has advanced 13.58 points over the past 12 months. The next publication date is July 11, 2012.

Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
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