Investors pulled more money out of hedge funds in the third quarter than any corresponding period for which data has been collected, confirming the fears of large hedge fund managers, one of whom described the past fortnight as "the most stressful in my career".
Investors pulled about $31bn (â¬23bn) from hedge funds in the third quarter, the largest amount in a quarter since at least 1993, when industry analysts Hedge Fund Research, the source of this data, was founded.
