Friday, April 13, 2012

Hedge funds attracting big bucks in 2012


Reuters reports that investors put more cash into hedge funds over the past month, data from hedge fund administrator GlobeOp shows, encouraged by a rebound in financial markets and better fund performance this year.

Net inflows into hedge funds, as measured by the GlobeOp Capital Movement Index, which tracks monthly net subscriptions to and redemptions from hedge funds managing around $187 billion, were 0.35 percent of that total during the month to April 1.

This was well below the previous month's 2.02 percent inflow, but the rate may have been distorted by portfolio adjustments for the end of the quarter. Inflows were still better than the 0.02 percent net withdrawal seen a year ago and flows at the end of the second, third or fourth quarters last year..

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