Despite a sharp equity market rally, hedge funds are continuing to face redemption pressure. A report by hedge fund tracker Eureka Hedge said that global hedge funds witnessed the third consecutive month of outflows last month with investor redemptions totalling $20.7 billion. Total hedge fund assets grew by US$9.1 billion over the past seven months with the industry&#39;s total assets currently standing at $2.25 trillion.&nbsp;<br /> <br style="font-size: 12px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline; color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; line-height: normal; background: transparent;" /> &nbsp;