GlobeOp Capital Movement Index shows that hedge fund flows have advanced 0.31% in October. The figure remains net positive and highlights that as equities have seen a decline recently, alternative investments continue to hold their attraction. GlobeOp’s data represents approximately 8-10% of the hedge fund industry, with $170 billion in Assets under Administration.

“Hedge fund investors remain committed,” said Hans Hufschmid, chief executive officer, GlobeOp Financial Services .“After a double-digit decline in equities over the quarter, alternative investments continue to hold their attraction.”

The GlobeOp Capital Movement Index for October 2011 stands at 137.46 points, an increase of 0.31 points over September 2011. The Index has advanced 14.26 points over the past 12 months.