| Ouch! Actually, that didn't hurt so much. News that hedge funds suffered redemptions of $25.2 billion last month may translate into some individual shops closing, but for the industry as a whole, it's a drop in the ocean.
The bad news is that this latest bloodletting won't be a cure. Managers have a clouded future to contemplate.For hedge funds worldwide, July was the worst month for redemptions since February 2009, according to an eVestment report...............................................Full Article: Source
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