GlobeOp Index shows net inflows 10 November 2011New York Reporter: Anna Reitman
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GlobeOp's index for November shows hedge fund inflows of 2.1 per cent.
“Subscriptions this month are consistent with this year’s average, while the positive net flow primarily reflects low redemptions for November,” said Hans Hufschmid, CEO, GlobeOp Financial Services. “November outflows measured 0.72%, the lowest for November year-on-year since Index records began in 2006.”
Cumulatively, the GlobeOp Index for November stands at 139.5 points an advance of 14.35 points over a year's period.
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