Net outflows in July highest since October 2009 – GlobeOp


July outflows from hedge funds were the highest since October 2009, according to fund administrator GlobeOp Financial Services. GlobeOp’s Capital Movement Index stands at 133.86 points this month, down 0.2% from June. The index recorded inflows of 3.24% versus outflows of 3.44%.

The index tracks reallocations and redemptions by investors in funds administered by GlobeOp to give an indication of liquidity and investor sentiment. GlobeOp administers $174 billion of assets, which represents roughly 8-10% of the total global hedge fund industry.

“July flows again reflected quarterly re-allocations by investors. Outflows slightly exceeded inflows for the month, while total