Investors redeemed from their hedge fund holdings in the second quarter to the tune of $27.5 billion, according to the latest HFR Global Hedge Fund Industry Report released this week.
Volatility and repositioning for generational inflation and recession were likely to blame with last quarter being the highest quarterly outflow since the first quarter of 2020.
Equity hedge strategies declined in 2Q22, as performance-based losses, combined with an estimated net asset outflow of $18.5 billion, decreased total equity hedge capital to $1.08 trillion. Equity hedge sub-strategy outflows were . . .