GlobeOp: Alternative Industry Enjoys Net Inflows During August
London-based hedge fund administrator GlobeOp has reported positive asset flows into the alternative asset management space, measured by the Globe Capital Movement Index, which advanced 1.11% in August.
The Index represents the monthly net of hedge fund subscriptions and redemptions administered by GlobeOp. This monthly net is divided by the total assets under administration for GlobeOp's fund administration clients.
Cumulatively, the GlobeOp Capital Movement Index for August 2011 stands at 135
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