Investors committed new capital in August – GlobeOp
Hedge fund flows advanced 1.1 per cent in August, according to GlobeOp client data.
“Investors committed new capital in August despite unsettled markets in the U.S. and Europe,” said Hans Hufschmid, CEO, GlobeOp Financial Services. “August is usually a positive month for hedge fund capital flows, and 2011 continued that trend.”
The GlobeOp Capital Movement Index for August stands at 135.06 points compared to 120.49 last year. However, the month-on-month lift in August last year on the index was 2.7 per cent.
GlobeOp’s data represents between 8 - 10 per cent of the hedge fund industry.