âSubscriptions this month are consistent with this yearâs average, while the positive net flow primarily reflects low redemptions for November,â said Hans Hufschmid, chief executive officer, GlobeOp Financial Services (LSE:GO.). âNovember outflows measured 0.72%, the lowest for November year-on-year since Index records began in 2006.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 GlobeOp's fund administration clients.
Cumulatively, the GlobeOp Capital Movement Index for November 2011 stands at 139.50 points, an increase of 2.05 points over October 2011. The Index has advanced 14.35 points over the past 12 months. The next publication date is December 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.