Global Hedge Fund Assets Decline by $170B in Q3, 2008

Global hedge fund assets fell by $170 billion in the third quarter of 2008. There have also been reports that large hedge fund redemptions worldwide accelerated in October and November. The $170 billion decrease in hedge fund assets in the third quarter represents an almost 10% decrease worldwide and comes amid plummeting asset prices on everything from commodities to stocks and most forms of debt.

Interestingly, the hedge fund strategies with the highest redemptions were long/short equity and fixed income arbitrage. Other hard hit strategies in terms of asset outflows were emerging markets and multi-strategy funds.

Read the full article:

No comments: