Tens of billions in redemptions, hundreds of billions in losses: Here’s a look at the worst month for hedge funds since the financial crisis

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March’s hellacious month for hedge funds can be seen through the stark redemption numbers: more than $85 billion was pulled out in a single month, most since the last financial crisis. BarclayHedge also reports that there was nearly $230 billion in trading losses in March. Nearly every hedge fund subsector was affected, but the industry — and the markets — have since recovered on the backs of stimulus packages and Fed programs.  Visit Business Insider’s homepage for more stories.

In a single month, hedge funds’ total assets dropped more than $300 billion — roughly a tenth of

Read more    Source: businessinsider.com

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