"January 2012 is the lowest month for hedge fund investor redemption notifications since Index records began in 2008," said , chief executive officer, GlobeOp Financial Services (LSE:GO.). "While January notifications are typically lower than December, this year is also substantially lower than the January 2011 requests of 2.79%."

The Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by GlobeOp, divided by the AuA at the beginning of the month for GlobeOp clients. Forward redemptions as a percentage of GlobeOp assets under administration have trended significantly lower since reaching a high of 19.27% in November 2008. The next publication date is February 21, 2012.

Published on the 15th business day of the month, the GlobeOp Forward Redemption Indicator presents a timely and accurate view of the redemption pipeline for investors in hedge funds on the GlobeOp administration platform. Movements in the Indicator reflect investor confidence in their allocations to hedge funds. Indicator data is based on actual investor redemption notifications received. Unlike subscriptions, redemption notifications are typically received 30-90 days in advance of the redemption date. Investors may, and sometimes do, cancel redemption notices. In addition, the establishment and enforcement of redemption notices may vary from fund to fund.

- ends -

About GlobeOp Financial Services
GlobeOp Financial Services (LSE:GO.) is an independent administrator of middle and back office services, integrated risk reporting and portfolio analytics for hedge funds, managed accounts and fund of funds. Our expertise further extends to family wealth offices, insurance companies, pension funds, corporate treasuries and private/regional banks. By outsourcing to GlobeOp, clients can reduce their technology investments and operational risks, while increasing their focus on asset generation and portfolio management. Established in 2000, GlobeOp serves approximately 200 clients worldwide, representing $173 billion in assets under administration. Headquartered in London and New York, GlobeOp employs over 2,000 people on three continents through its 10 offices in the Cayman Islands, India, Ireland, the UK and US. Further information: , ,

Figures as of 30 November 2011

About the GlobeOp Hedge Fund Index
GlobeOp Financial Services (LSE:GO.) offers an independent monthly window into hedge fund capital flows following the launch in April 2011 of the first indices in the GlobeOp Hedge Fund Index family. It is the first index by a hedge fund administrator, and it offers clients, investors, and the overall market a transparency on liquidity and investor sentiment based on a significant platform of assets. The GlobeOp Hedge Fund Index is available on , through a link on the home page of . Alert and RSS subscriber options are available on . Index Twitter comments: #HFindex.

The first two indices - the GlobeOp Capital Movement Index and the GlobeOp Forward Redemption Indicator - provide monthly reports based on actual and anticipated capital movement data independently collected from notices filed by investors to all hedge fund clients for whom GlobeOp provides administration services. While individual fund data is anonymized by aggregation, Index data will be based on the same reconciled fund data GlobeOp uses to produce fund net asset value (NAV) reports. GlobeOp's total assets under administration represent approximately eight to 10 percent of the estimated assets currently invested in the hedge fund sector. The investment strategies of the funds in the Indices span a representative industry sample. Data for middle- and back-office clients who are not fund administration clients is not included in the Index, but it is included in the company's results announcement data about AuA.

GlobeOp Capital Movement Index

Base 100 points on 31 December 2005
All time high 145.81 in September 2008
All time low 99.67 in January 2006
12-month high 141.06 in December 2011
12-month low 129.12 in February 2011
Largest monthly change -15.21 in January 2009


GlobeOp Forward Redemption Indicator

All time high 19.27% in November 2008
All time low 2.08% in July 2011
12-month high 4.58% in December 2011
12-month low 1.85% in January 2012
Largest monthly change 9.60% in November 2008


GlobeOp, GlobeOp Hedge Fund Index and the GlobeOp "G" are trade or service marks of GlobeOp and its affiliates.

Media Contacts

Financial Media
Gill Ackers
Tel. +44 (0)20 7404 5959
Email: goteam@brunswickgroup.com

Trade Media
Caroline Beer
Metia (UK)
Tel. +44 (0) 203 100 3676
Email: Caroline.Beer@metia.com

Sheryl Lee
Metia (US)
Tel. +1 917 320 6462
Email: Sheryl.Lee@metia.com

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