Monday, 23 January 2017
Last updated 2 days ago
Nov 10 2011 | 10:53am ET
Hedge fund investors aren't flocking to the industry, but they aren't exiting in large numbers, either, a new report shows.
The GlobeOp Capital Movement Index fell to 0.72% in the month ended Nov. 1, down from 3.25% a month earlier. That makes it the month with the lowest number of redemptions since May.
It also makes it the third-best month for net inflows of the year at 2.05%.
"Subscriptions this month are consistent with this year's average, while the positive net flow primarily reflects low redemptions for November," Hans Hufschmid, CEO of GlobeOp Financial Services, said.