$150bn taken out of hedge funds

[Banjo]

The record December figure, equivalent to about 10 per cent of industry assets, extends the run of outflows to four consecutive months and has increased the total net outflow for 2008 to $200bn.

http://www.ft.com/cms/s/0/f62ed0aa-e270-11dd-b1dd-0000779fd2ac.html?nclick_check=1