Report Hedge Fund Investors Pulled Out $32B in July
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According to a new TrimTabs BarclayHedge Flow report, investors pulled out $32 billion from hedge funds in July, the most since 2000. The report suggests fund of funds pulled out $55 billion from hedge funds in July. The large outflows was partially offset by $23 billion in direct investments into hedge funds. The report suggested the de-leveraging and reduction in risk contributed to the recent market turbulence.
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