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Investors pull money from Hedge funds as losses continue

Hedge Funds
by posted 2years ago 1246 views
If money talks, then one of the things it has been saying this summer is that investors are no longer interested in hedge funds. According to eVestments, investors withdrew $25.2bn from hedge funds in July. This is the largest monthly redemption since February 2009, when investors redeemed $28.2bn. Overall, in 2016, hedge funds faced a net outflow of $55.9bn. According to eVestments global head of research Peter Laurelli, 2016 could become the third year on record when investors took out more money than they put in. Laurelli says that investors are reacting to hedge funds' poor performance. Funds with the 10 largest outflows have lost 4 percent year to date. 

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