Hedge Funds – Outflows Accelerate, Performance Still to Blame
- Investors removed an estimated $25.2 billion from hedge funds in July, bringing YTD net flows to negative $55.9 billion.
- Redemption pressures in credit and multi-strategy funds reached crisis-like levels in July. Multistrategy funds faced their largest monthly outflow since April 2009 and redemptions from credit strategies rose to their highest level since September 2011.
- Commodities continue to be a bright spot. Investors added $2.7 billion into the segment in July.
Buffett And Munger: What To Look For In A Good Business
Buying good businesses