Monday, 6 July 2015
Last updated 3 hours ago
Feb 10 2012 | 2:45am ET
Suffering their second-worst year ever didn't hit hedge funds where it hurts in January, according to a new report.
Investor redemptions fell to a record low in January, according to the GlobeOp Capital Movement Index. Gross outflows were just 0.53% on the month, while net inflows rose to 2.25%, the best figure since September.
GlobeOp Financial Services CEO Hans Hufschmid attributed the numbers in part to portfolio rebalancing and reallocation. But, he said, there could be other factors.
"It could well be that in zero interest rate environment and a challenging equity market, a diversified portfolio of hedge fund investments in becoming an ever-more attractive alternative," he told Reuters. "Investors remain committed to the hedge fund sector."
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…