Hedge fund investors pulled out $152 billion in the fourth quarter of 2008, as investors sought to simply get their money out , recording the worst returns ever, Hedge Fund Research informed Wednesday, according to media reports.

Investor redemptions were widespread and indiscriminate across fund strategies, regions, asset sizes and performance, Kenneth Heinz, president of Hedge Fund Research, said in the statement.

Overall hedge funds assets declined to $1.41 trillion, the same level they were in 2006 but $525 billion behind the $1.93 trillion invested in the middle of 2008, according to the statement today.

The hedge funds' investments lost the most since 1990 , according to the research.