Hedge fund inflows swell to 9-mo high

Reuters – Hedge funds last month enjoyed their biggest monthly net inflows since August, as investors backed managers to profit from increasing market volatility, indicative data from GlobeOp Financial Services shows.

The GlobeOp Capital Movement Index — which tracks the monthly net of subscriptions to and redemptions from around $167 billion (103 million pounds) of hedge fund assets under administration — showed a net inflow of 2.29 percent in the month to May 1 compared with a 0.05 percent net outflow a month earlier.

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