Investor inflows into hedge funds increased in December, closing the year on a positive note, according to GlobeOp Financial Services.
The fund administrators Capital Movement Index, which provides monthly reports based on actual and anticipated capital movement data independently collected from GlobeOps 200 hedge fund clients, representing $171 billion in AuA, showed hedge fund inflows advance 1.55% in December. This increase was driven primarily by healthy subscriptions as investors stick with hedge funds, which are likely to offer better returns than volatile stocks and low-yield government debt, said GlobeOp.
Published on the eighth business day of each month, 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 AuM for GlobeOp’s fund administration clients. Cumulatively, the GlobeOp Capital Movement Index for December 2011 stands at 141.01 points, an increase of 1.55 points over November 2011. The Index has advanced 14.40 points over the past 12 months.
(JDC)