With the average hedge fund losing 1.22% in June and 1.14% in May (according to Hedge Fund...

|By:, SA News Editor

With the average hedge fund losing 1.22% in June and 1.14% in May (according to Hedge Fund Research), GlobeOp estimates net monthly outflows from hedge funds hit their highest monthly level since October 2009. However, at 0.2% of assets under management, net outflows still paled in comparison to the 15.2% seen in January 2009.