In July, hedge funds suffered their worst capital flight since 2009, with some rare exceptions, especially in commodities. Last month, redemptions from funds for large investors amounted to 25,2 billion dollars, a sign of mediocre performance that testifies to the difficulties of operating on the market despite the stock market records.
Since January, redemptions have thus reached 55,9 billion and 2016, if the trend does not improve, could be the third worst year in terms of net redemptions in recent history, after 2008 and 2009, during the great economic crisis and financial.
Among the exceptions are the funds dedicated to raw materials, which recorded net inflows of 10,3 billion in the last 14 months. The bet is that after dips these markets offer opportunities and are in the process of at least partial recovery, a prospect confirmed recently by gains and more stability in oil.
