Although assets are still way down from their peaks, there were two encouraging signs last month that the tide may be turning for hedge funds.
Hedge funds gained 1.84% in March and were subject to only 1% in redemptions, according to HedgeFund.net.
In December, investors redeemed $186.43 billion from hedge funds. That narrowed to $17.6 billion in March, with total assets in hedge funds worldwide now standing at $1.724 trillion. Total redemptions in the first quarter were $217.75 billion.