Hedge fund liquidations hit a record high last year as poor performance and funding pressures forced almost 1,471 funds, or 15% of the industry, out of business – an increase of more than 70% from the previous full-year record set in 2005, according to Hedge Fund Research. Investors withdrew a record $150bn from hedge funds in the fourth quarter alone and 778 funds liquidated in that period, more than doubling the previous quarterly record of 344, set in Q3 last year.

This entry was posted by Gwen Robinson on Thursday, March 19th, 2009 at 4:39 and is filed under Capital markets, Hedge funds. Edit this entry.