Investors pulled $14.9bn from hedge funds in the first quarter of 2019 with outflows of $13.7bn in March alone, amid "clear dissatisfaction" over the sector's performance, according to eVestment research.
The fourth consecutive quarter of outflows - the first such run since the year to Q4 2016 - follows a 2018 that saw the global hedge fund industry deliver average losses of 5.1%, compared to S&P losses...
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