Hedge Funds Feel Investors’ Wrath As Redemptions Soar

December was a difficult month for most hedge funds based on the hedge fund letters we've seen so far. Looking more broadly, the hedge fund industry as a whole had some much worse months in 2018. The Eurekahedge Hedge Fund Index was "only" down 1.31%, which beat the MSCI AC World Index's 7.61% decline during the month.

Q3 hedge fund letters, conference, scoops etc

Equities took the plunge in December

Equity-focused hedge funds were the hardest-hit by far in December as it ended up being the worst month of a bad year for global equities. Equities sold off around the globe due to the Fed's less-than-dovish commentary, according to Eurekahedge.

U.S. stock indices were the worst-hit in December as...