An Almost Universally Gainful January Brings Investors Back to a Resilient Hedge
After gulping fresh lungfuls of air in January, many hedge fund managers found themselves pushed underwater again in February by the boots of exiting limited partners. Hedge fund investors extracted -$11.58 billion during the month, causing a -0.23% contraction of industry assets.
An aggregate -$59.87 billion trading loss in February tamped down total industry assets to $4.99 trillion as the month ended.
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