Hedge funds globally are bracing for nearly $20 billion of investor redemptions for the rest of 2022, even after seeing a net inflow in the first quarter, according to a report from Citco Group Ltd.
Investors are already scheduled to withdraw $13.5 billion from the industry in the current quarter and another $6.3 billion the rest of the year, said the fund administrator. While the numbers are smaller than the first-quarter redemptions of almost $39 billion, they can change significantly in either direction, depending on fund terms and investor actions.