(Reporting by Nishant Kumar; Editing by Crispian Balmer)
(Reuters) – Investors’ interest in hedge funds fell in January as they pulled out more cash than they invested, data showed on Tuesday, part of an annual rejig of portfolios.
The SS&C GlobeOp Capital Movement Index, which calculates monthly hedge fund subscriptions minus redemptions, fell 2.95 percent in January, the sharpest drop in a year. That compared with a rise of 0.39 percent in December.
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