Reuters – Investors’ net withdrawals from hedge funds hit their highest level in nearly two years last month, data showed on Monday, as the funds struggle to make money in choppy markets dominated by fears over the eurozone’s deepening debt crisis.
Net hedge fund outflows, as measured by GlobeOp’s Capital Movement index, were 0.2 percent of GlobeOp’s assets under administration in the month to July 1 — the highest monthly net outflow since October 2009.
