Investors pulled $16.43bn from the hedge fund industry in June, bringing year-to-date (YTD) outflows to -$44.61bn, said eVestment.

According to June 2019 eVestment Hedge Fund Asset Flows report, overall industry AUM stood at $3.273tn in June.

57% of reporting managers had net redemptions, and the month capped off the fifth consecutive quarter of industry re