Hedge Fund Flows Mark 9-Month High In May

May 12 2011 | 9:02am ET

Hedge fund flows hit a nine-month high in May, according to the GlobeOp Capital Movements Index, at a positive 2.29%

“After last month’s pause, investors continued their steady return to the hedge fund market,” said Hans Hufschmid, chief executive officer of GlobeOp Financial Services.

May’s gains bring the Capital Movement Index to 132.48 points—just 13.33 points away from its all-time high in September 2008. The Index was based at 100 on December 31, 2005 and has advanced 16.70 points over the past 12 months.

The GlobeOp Capital Movement Index represents the monthly net of subscriptions to and redemptions from hedge funds administered by GlobeOp, divided by the total assets under administration for GlobeOp’s fund administration clients. Redemptions were slightly greater than subscriptions for the month of April.

GlobeOp administers $167 billion of assets, about 8-10% of the total global hedge fund industry.
 
 

 


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability. Versum is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets.