A report by TrimTabs Investment Research and Barclay Hedge says hedge fund outflows hit $32 billion in July. That's the largest outflow since 2000, according to FINalternatives.  The issue is where the worst is over. The heavy selling could extend into August. But after that, the tide may turn, barring another round of panic redemptions. Redemption requests must be given with a 30 to 60 day lag built in. So by the end of last month, people had an idea of what their redemption picture looked like for September and October. There hasn't been much in the way of redemption panic, like we saw previously. There is likely a lot of investor relations work going on right now. Stay tuned.  

For more:
- here's the FINalternatives article
- more hedge fund news