Hedge fund exit requests rise after oil rout

Reuters – Investors asked for more of their money back from hedge funds in the immediate aftermath of this month’s commodities rout, data from hedge fund services firm GlobeOp on Monday shows.

The firm’s monthly snapshot of hedge fund redemption requests was taken on May 17, less than two weeks after oil lost as much as $13 a barrel on May 5, causing heavy losses at a number of funds.

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