GlobeOp: Redemption Indicator/ Hedge Fund Performance Index:

The GlobeOp Forward Redemption Indicator for June 2012 measured 3.71%, up from 3.31% in May.

“The June Forward Redemption Indicator is surprisingly low given that it is dominated by July redemptions, a traditionally large month for fund withdrawals,” said Hans Hufschmid, chief executive officer, GlobeOp Financial Services.

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 fund administration 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

GlobeOp Hedge Fund Performance Index for May 2012 measured 0.43%.

• Current month flash estimate 0.43%*
• Year-to-date (YTD) performance 4.15%*
• Last 12 month (LTM) performance 2.25%*
• Live to date (LTD) performance 65.31%*

*All numbers reported above are gross

The GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance. On the 10th business day of each month it provides a flash estimate of the gross aggregate performance of funds for which GlobeOp provides monthly administration services. Interim and final values, both gross and net, are provided in each of the two following months, respectively. Online data can be segmented by gross and net performance, and by time periods. The GlobeOp Hedge Fund Performance Index is transparent, consistent in data processing, and free from selection or survivorship bias. Its inception date is January 1, 2006.

The GlobeOp Hedge Fund Performance Index offers a unique reflection of the return on capital invested in funds. It does not overstate exposure to, or the contribution of, any single strategy to aggregate hedge fund performance. Since its inception, the correlation of the GlobeOp Performance Index to many popular equity market indices has been approximately 25% to 30%. This is substantially lower than the equivalent correlation of other widely followed hedge fund performance indices.

GlobeOp Financial Services
GlobeOp Financial Services (LSE:GO.) is an independent financial administrator specializing in middle and back office services and integrated risk-reporting to hedge funds, asset management firms and other sectors of the financial industry -- including family wealth, banks, insurance companies, pension funds and corporate treasuries. 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 $187 billion in assets under administration. Headquartered in London and New York, GlobeOp employs over 2,300 people on three continents through its 11 offices in the Cayman Islands, India, Ireland, the UK and US. On May 31, 2012 the offer for GlobeOp Financial Services by SS&C Technologies (NASDAQ: SSNC) was declared unconditional. Further information: www.globeop.com; www.twitter.com/GlobeOp; www.globeopindex.com

About the GlobeOp Hedge Fund Index^®
The GlobeOp Hedge Fund Index (the Index) is a family of indices published by GlobeOp Financial Services (LSE:GO.). A unique set of indices by a hedge fund administrator, it offers clients, investors and the overall market a welcome transparency on liquidity, investor sentiment and performance. The Index is based on a significant platform of diverse and representative assets.

The GlobeOp Hedge Fund Index is available at http://www.globeopindex.com/home.go or through a link on the homepage of http://www.globeop.com/. Alert and RSS subscriber options are available at http://www.globeop.com/. Index Twitter comments: #HFindex.

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 all hedge fund clients for whom GlobeOp provides administration services.

The GlobeOp Hedge Fund Performance Index is an asset-weighted benchmark of the aggregate performance of funds for which GlobeOp provides monthly administration services. Flash estimate, interim and final values are provided, in each of three months respectively, following each business month-end.

While individual fund data is anonymized by aggregation, the GlobeOp Hedge Fund Index data will be based on the same reconciled fund data that GlobeOp uses to produce fund net asset values (NAV). GlobeOp’s total assets under administration represent approximately 10% 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 is included in the Company’s results announcement figures.