According to the SMH, investors ploughed more money into hedge funds over the past month, data from hedge fund administrator GlobeOp shows, as hopes of a resolution to the euro zone debt crisis and a rebound in markets boosted confidence after last year's losses.
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 $174 billion ($164.7 billion), were 2.1 per cent of total assets over the month to March 1.
While this was slightly down on last month's 2.22 per cent, it is nevertheless the second-highest inflow over the past six months and above the 1.12 per cent recorded last March.
Read more: http://www.smh.com.au/business/world-business/investors-back-hedge-funds-as-performance-rebounds-20120312-1ut96.html
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