Hedge fund net inflows rise at fastest pace for 12 months

Reuters – Investors raised their bets on hedge funds at the fastest pace in a year in May, data showed on Tuesday.

The SS&C GlobeOp Capital Movement Index, which calculates monthly hedge fund subscriptions minus redemptions, rose 0.92 percent in May, the fastest rate since May 2014. The index had dropped 1.2 percent in April.

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