Showing posts with label 2009 hedge fund redemptions. Show all posts
Showing posts with label 2009 hedge fund redemptions. Show all posts

1.12.2010

Hedge Funds Hit Hard by Redemptions in December

Hedge Funds Faced Tough Month as Redemptions Top $4 Billion in December

Though partially due to seasonal factors, hedge funds saw net outflows of more than $4 billion in December, ending what was a somewhat positive quarter for hedge funds overall.

According to Peter H Laurelli of HedgeFund.net“Although it is an outflow, it is still the lowest change in assets due to investor flow for the year.”

According to the article, investors pulled over $330 B from hedge funds in all of 2009, or 15% of total hedge fund assets. Much of this was early in the year as the US faced an unprecedented financial crisis:

Source: NYTimes Dealbook

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