Net flows to hedge funds were down 0.88% in January, according to the GlobeOp Capital Movement Index. On a cumulative basis, the index for January stands at 140.18 points, up by 12.89 points over the last 12 months and in sight of the all-time high of 145.81 in September 2008.
The capital movement index represents the monthly net of hedge fund subscriptions and redemptions administered by GlobeOp Financial Services. This monthly net figure is divided by the total assets under administration for GlobeOp’s fund administration clients.
The index has been running since December 2005, when it began at