Hedge Funds See Biggest Redemptions Since ’09 as Returns Lag
- July outflow tallied at $25.2 billion by tracker eVestment
- Annual flows could be negative for only third time on record
Hedge Funds See Biggest Redemptions Since 2009
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For hedge funds, the news is getting worse.
Investors pulled an estimated $25.2 billion from hedge funds last month, the biggest monthly redemption since February 2009, according to an eVestment report.