Friday, 29 July 2016
Last updated 19 min ago
Apr 13 2012 | 8:47am ET
Hedge funds saw net inflows of 0.35% in April, according to the GlobeOp Capital Movement Index for the month.
"Outflows tend to be seasonally higher at quarter ends as investors rebalance their portfolios," said Hans Hufschmid, chief executive officer of GlobeOp Financial Services. "Despite this, net flows for April were slightly positive."
The index represents the monthly net of hedge fund subscriptions and redemptions administered by GlobeOp divided by the total assets under administration.
Cumulatively, the GlobeOp Capital Movement Index for April 2012 stands at 144.94 points, an increase of 0.35 points over March 2012. The index has advanced 14.72 points over the past 12 months.