Hedge fund investors run for the door

Hedge fund redemptions soared to $85.6 billion in March amid the coronavirus-driven selloff, according to the Barclay Fund Flow Indicator. In February, redemptions totaled just $8.1 billion. Eurekahedge put investor redemptions at $81 billion for March, compared to preliminary data showing $3 billion in net inflows for April. Q1 2020 hedge fund letters, conferences and more A difficult March for hedge funds Hedge fund redemptions were at their highest level since the Global Financial Crisis in March as the global pandemic started to take hold in January and February. March saw the economic fallout pick up significantly as unemployment soared,…