A Run on Hedge Funds? Man Shares Hit as Volatility Sees Clients Withdraw $2.6bn | Countdown to Financial Armageddon | Scoop.it

Where does the money go? When investors sell stocks or withdraw capital from hedge funds, where do they reallocate? Cash? Gold? Commodities? 

 

Man Group shares tumbled during early trading after the company revealed that its clients had pulled out $2.6bn (£1.6bn) worth of funds during the past three months.