Reuters – Hedge funds have started the new year with a bout of the January blues, as investors get their books in order to start afresh in 2012, after last year’s rollercoaster ride, data showed on Wednesday [Jan. 11].
The GlobeOp Capital Movement Index, which tracks monthly net subscriptions to and redemptions from hedge funds managing around $170 billion of assets, declined 0.88 points to 140.18 this month.