Withdrawal of nearly 12 billion US dollars! Hedge funds saw the largest outflow of funds in April this year

The trend of capital inflows from hedge funds to money market funds continues.

According to data from Nasdaq Investment, investors withdrew $11.57 billion from hedge funds in April, the largest outflow of funds this year.

The outflow of funds was mainly concentrated in stock hedge funds, with $8.94 billion withdrawn in April, bringing the total outflow of funds from the industry to $19.4 billion so far this year.

"The most interesting point in the total capital flow data for April may be that this is another month where redemptions are not concentrated in a few people, but relatively dispersed among many people," the investment report said.

"In short, the data for April indicates an increase in redemptions and a wide range of them."

Data from investment firm eVestment shows that hedge funds focused on fixed income and credit strategies received a total of $1.7 billion in capital inflows in April, bringing the total inflow of funds this year to $5 billion.

The Federal Reserve has raised interest rates rapidly over the past 12 months, leading to credit tightening and rising bond yields.

According to investment firms, hedge funds manage assets worth $3.42 trillion.