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Laxman Pai, Opalesque Asia:

Hedge fund redemptions reached $42.3bn in December 2018, which represented the largest monthly outflow in at least five years, according to the Barclay Fund Flow Indicator.

"Hedge fund redemptions picked up significantly in December, as nervous investors fretted about stock market volatility, global economic uncertainty, major commodity price downturns and other economic factors," said a press note from BarclayHedge.

"December redemptions were driven by both global and regional factors," said Sol Waksman, president of BarclayHedge.

"Globally investors worried about volatile equity markets, the threat of a worldwide economic downturn, drops in prices for major commodities like oil and trade disputes. Within specific regions, concerns like ongoing uncertainty over a Brexit agreement, and a weakening German economy, continued to pressure funds in the U.K. and Europe, while a government shutdown added to the pressure on U.S. funds in December," he added.

Inflows to China/Hong Kong and Latin American hedge funds

China/Hong Kong and Latin America were the only regions to see hedge funds post net inflows in December. China/Hong Kong hedge funds posted nearly $154.4m in inflows in December, adding 3.3% to assets.

Latin American hedge funds attracted nearly $135.0m - 1.3% of assets - in December. Meanwhile, investors drew nearly $24.3bn from U.S. and their offshore Islands hedge funds in December, reducing total asset......................

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