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.
Download the BarclayHedge Fund Flow Indicator report to learn more.