GlobeOp: Money Still Flowing Into Hedge Funds Despite Market Volatility

Aug 10 2011 | 2:46pm ET

Markets may be going mad, but according to one giant fund administrator, investor are still putting their money into hedge funds.

Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 1.11% in August.

“Investors committed new capital in August despite unsettled markets in the U.S. and Europe,” said Hans Hufschmid, chief executive officer, GlobeOp Financial Services. “August is usually a positive month for hedge fund capital flows, and 2011 continued that trend.”

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 for GlobeOp’s fund administration clients.

Cumulatively, the GlobeOp Capital Movement Index for August 2011 stands at 135.06 points, an increase of 1.11 points over July 2011. The Index was based at 100 on December 31, 2005 and has advanced 14.57 points over the past 12 months. The next publication date is September 12, 2011.

GlobeOp serves over 200 clients worldwide, representing $170 billion in assets under administration.


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