GlobeOp Launches Index Tracking Hedge Fund Flows

Apr 5 2011 | 8:45am ET

There’s a new hedge fund index on the block—London-based GlobeOp Financial Services is promising “an independent monthly window into hedge fund capital flows.”

The GlobeOp Capital Movement Index, to be launched next week, tracks flows in and out of hedge funds, based on the roughly 8%-10% of global hedge-fund industry assets administrated by the company. The index is to be the first in a series launched by GlobeOp.

“There is a real lack of independently confirmed industry data against which hedge fund managers and investors can benchmark their allocations and performance,” said Hans Hufschmid, chief executive officer, GlobeOp Financial Services.

GlobeOp is a hedge fund administrator handling investor subscriptions and redemptions and calculatng net asset values of fund portfolios. It also provides middle and back-office services to firms such as trade processing and risk reporting.

“GlobeOp is the first administrator to publish independent fund liquidity and investor sentiment data,” said Hufschmid. “This transparency was produced by combining our significant platform of assets under administration with our data management expertise...Later this year, we anticipate adding further indices, including performance measurement.”

The first two indices will provide monthly reports based on actual and anticipated capital movement data independently collected from all hedge fund clients for whom GlobeOp provides administration services.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...