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March boon for hedge funds
INVESTORS put more cash into hedge funds in March, data from hedge fund administrator GlobeOp shows, encouraged by a rebound in financial markets.
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 $187bn, were 0.35 per cent of that total during March, better than the 0.02 per cent net withdrawal seen in March a year ago.