Reuters – Withdrawals from hedge funds in September fell to their lowest level since before the credit crisis, as investors nervous over traditional ‘safe havens’ such as the Swiss franc and gold plumped for portfolios expected to make money in all seasons.
Gross outflows, as measured by the GlobeOp Capital Movement Index, which tracks monthly net subscriptions and redemptions of around $170 billion of hedge fund assets under administration, were 0.57 percent, the lowest since GlobeOp first started to keep records in January 2006.
