(Hedgeweek) The hedge fund industry saw net outflows of USD34 billion over the first half of 2016, with the majority of outflows (USD20 billion) occurring in the second quarter, according to Preqin.
As a result, as of 30 June 2016 the hedge fund industry represented a total of USD3.11 trillion in assets under management, down from USD3.14 trillion at the end of 2015.
