Multi-strategy funds appear to be the favorites of institutional investors over the past two years, notes eVestment.
In its recent monthly summary report on "Hedge Fund Asset Flows", eVestment points out investors have again allocated heavily to hedge funds in October.
Multi-strategy scores over others
The eVestment report highlights that October witnessed heavy fund inflow from investors, marking the fourth consecutive month of strong flows. An estimated $9.3 billion was added during October totaling $56.4 billion during the four-month streak. With October’s performance gain, AUM increased by an additional $47.6 billion.
The report points out that the anticipated asset weighted performance of 1.74% are the industry’s largest since December 2010. With AUM of $2.802 trillion, the industry is set to...
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