Monday, 26 September 2016
Last updated 46 min ago
Dec 12 2011 | 9:34am ET
Hedge funds ended the year on a high note, with positive net inflows of 1.55% in December, according to the GlobeOp Capital Movement Index.
The results were due to “healthy subscriptions,” according to Hans Hufschmid, chief executive officer, GlobeOp Financial Services.
The index represents the monthly net of hedge fund subscriptions and redemptions administered by GlobeOp divided by the total assets under administration of the firm’s fund administration clients.