GlobeOp Hedge Fund Performance Index Up 0.43% In May

Jun 18 2012 | 8:26am ET

The gross return of the GlobeOp Hedge Fund Performance Index for May 2012 was up 0.43%.

That brings the index’s year-to-date gains to 4.15% (also gross).

The asset-weighted index, calculated on the 10th business day of each month, provides a flash estimate of the gross aggregate performance of funds for which GlobeOp provides monthly administration services.

GlobeOp administers hedge fund assets representing about 10% of the total industry or $187 billion.

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