GlobeOp Forward Redemption Indicator: August notifications 2.71%

London, New York – 19 August 2011

The GlobeOp Forward Redemption Indicator for August 2011 measured 2.71%, up from 2.08% in July.

“The Forward Redemption Indicator is encouragingly low given recent market volatility,” said Hans Hufschmid, chief executive officer, GlobeOp Financial Services (LSE:GO.). “In fact, it is the lowest August number since readings began in 2008. At this time, we see no sign of investors moving out of hedge funds.”

The Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by GlobeOp, divided by the AuA at the beginning of the month for GlobeOp fund administration clients. Forward redemptions as a percentage of GlobeOp assets under administration have trended significantly lower since reaching a high of 19.27% in November 2008. The next publication date is September 21, 2011.

Published on the 15th business day of the month, the GlobeOp Forward Redemption Indicator presents a timely and accurate view of the redemption pipeline for investors in hedge funds on the GlobeOp administration platform. Movements in the Indicator reflect investor confidence in their allocations to hedge funds. Indicator data is based on actual investor redemption notifications received. Unlike subscriptions, redemption notifications are typically received 30-90 days in advance of the redemption date. Investors may, and sometimes do, cancel redemption notices. In addition, the establishment and enforcement of redemption notices may vary from fund to fund.

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