âInvestors committed new capital in August despite unsettled markets in the U.S. and Europe,â said Hans Hufschmid, chief executive officer, GlobeOp Financial Services (LSE:GO.). âAugust is usually a positive month for hedge fund capital flows, and 2011 continued that trend.â
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 (AuA) for GlobeOpâs 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.
Published on the eighth business day of each month, the GlobeOp Capital Movement Index presents a timely and accurate view of investments in hedge funds on the GlobeOp administration platform. Data is based on actual subscriptions and redemptions independently calculated and confirmed from real capital movements, and published only a few business days after they occur. Following the month of its release, the Index may be updated for capital movements that occurred after the 5th business day.