Hedge-Fund Investors Dump Laggards, 84% Redeem in First Half
- Study shows most redemptions tied to specific underperformance
- Those who pulled expect to re-invest in other hedge funds
What Are the Divers of Hedge Fund Redemptions?
This article is for subscribers only.
Running an underperforming hedge fund? Your clients are noticing.
Eighty-four percent of investors in hedge funds pulled money in the first half of the year, and 61 percent said they will probably make withdrawals later this year, according to a Credit Suisse Group AG study released Tuesday. The main driver among those who redeemed: their fund underperformed.