The hedge fund industry has seen slight positive inflows this month despite the general tendency for outflows to be higher at quarter ends as investors balance their portfolios, according to fund administrator GlobeOp Financial Services.
GlobeOp’s Capital Movement Index shows net inflows advance 0.35% in April. The index represents the monthly net of hedge fund subscriptions and redemptions administered by GlobeOp, divided by the total assets under administration for the firm’s clients. The data represents roughly 8-10% of the hedge fund industry, with $187 billion under administration.
Cumulatively, the index for April 2012 stands at a 12-month high