Hedge-Fund Assets Shrink by $100 Billion Last Month
(Corrects to remove reference to Man Group redemptions in first paragraph, adds breakdown for asset drop in sixth.) Nov. 13 (Bloomberg) -- The global hedge-fund industry lost $100 billion of assets in October, according to an estimate from Eurekahedge Pte , as firms including Sparx Group Co. were hammered by investor withdrawals.
