Hedge funds hit with $66bn losses in February

$57.9bn of trading losses for the month

The global hedge fund industry saw total assets fall by $66bn in February, following $57.9bn of trading losses for the month and a year of large-scale redemptions, BarclayHedge data reveals.

The Barclay Fund Flow Indicator for the month, published on Thursday (17 April), shows that investors pulled $8.1bn from hedge funds in February, bringing net redemptions on a 12-month basis to $84.5bn. To hedge or not to hedge? The assets that benefit the most, and the least Trading performance for the asset class on a 12-month basis was positive at $107.2bn, bringing total assets to $3.2trn. In a volatile start to 2020 amid the economic fallout from the coronavirus pandemic hedge funds have held up well compared to global equity markets. Year-to-date, the HFRX Global Hedge Fund i...