Hedge Funds
Year-to-date net flows are essentially now flat with a very slight net $70 million inflow, said eVestment. Total industry assets sit at $3.3 trillion, it added. Among primary strategies event-driven funds were a bright spot, with asset flows of $1.7 billion in September and $4.1 billion for Q3, it noted. Event-driven funds, however, are still negative for the year, with year-to-date flows at minus $1.42 billion. Three other primary strategies—market neutral equity, convertible arbitrage and mortgage-backed securities—were in the green for asset flows in September, although just barely.

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