May saw hedge fund inflows increase 1.24%, according to the GlobeOp Capital Movement Index.
“May produced another month of positive net flows into hedge funds,” said Hans Hufschmid, chief executive officer, GlobeOp Financial Services. “Gross inflows and outflows were moderate.”
The index represents the monthly net of hedge fund subscriptions and redemptions administered by GlobeOp divided by total assets under administration. The hedge fund administrator’s total AUM represent about 8-10% of the estimated assets currently invested in the hedge fund sector.
The GlobeOp Capital Movement Index for May 2012 stands at 146.10 points.