Hedge Fund News From HedgeCo.Net

Hedge Fund Redemptions Rise on Cyprus Crisis

CNBC – Investors took more cash out of hedge funds than they put in over the past month, when a banking crisis in Cyprus caused wobbles in financial markets.

Hedge fund administrator SS&C GlobeOp’s Capital Movement Index, which tracks monthly net subscriptions to and redemptions from funds, measured minus 1.22 percent in April, its lowest since January.

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