Hedge Fund Redemptions Slow in March

Hedge fund assets under management fell in March by 1% despite an average 2% performance during the same period, according to HedgeFund.net. Roughly speaking, actual redemptions in March amounted to 3% of hedge fund assets. This is seemingly large monthly decline, but it is minor in comparison to the declines in hedge fund assets earlier in the year and in 2008. Hedge fund asset declines for March were about $18 billion compared with declines in December of more than $180 billion.