Hedge Fund Bets Raised

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    Investors raised their bets on hedge funds at the fastest pace for 15 months in August, says data from the SS&C GlobeOp Capital Movement Index. It calculates monthly hedge fund subscriptions minus redemptions at the start of each month. Its index rose 0.92 per cent in August, the fastest rate since a 0.98 per cent rise in May 2014. The inflows came after investors cut their bets at the fastest pace for six months in July.