Investors removed an estimated $9.74 billion from hedge funds in the final month of 2020, said eVestment. YTD redemptions are estimated to be $58.76 billion. The total estimated industry AUM sits at $3.360 trillion.

Since 2008, only once have net flows been positive in the final month of the year (2010, $2.4 billion). Since 2009, the average of December net flows