Performance

GlobeOp index shows inflows in June despite volatility in May

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Hedge fund flows as measured by the GlobeOp Capital Movement Index were positive to the tune of 1.36% in June, the hedge fund administration group said this week – despite the high volatility in world markets in May and resulting losses by most hedge funds for the month.

“Investors remain committed to hedge funds despite volatility in many markets,” said Hans Hufschmid, chief executive officer of GlobeOp Financial Services.

The GlobeOp Capital Movement Index represents the monthly net of subscriptions to and redemptions from hedge funds administered by GlobeOp, divided by the total assets under administration for GlobeOp’s