Investors Yank $9 Billion From Hedge Funds

Dec 13 2011 | 1:18pm ET

Investors pulled more from hedge funds than they have in more than two years in October, halting the industry's rise towards its pre-financial crisis asset level.

Clients redeemed some $9 billion in October, nearly three-and-a-half times as much as they pulled in September, according to BarclayHedge and TrimTabs Investment Research.


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