Hedge Fund News From HedgeCo.Net

Hedge fund exits rose in stormy September

Reuters – Investors pulled out around five times more cash from hedge funds in the month to October 1 than in the prior period, during one of the most turbulent few weeks for stock and bond prices since the 2008 financial crisis dampened appetite for risk.

Gross outflows, as measured by the GlobeOp Capital Movement Index, which tracks monthly net subscriptions and redemptions from hedge funds running around $170 billion (109 billion pounds) of assets, hit 3.17 percent last month, the fourth time gross exits topped 3 percent in 2011.

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