(Evestment) Investors removed an estimated $14.72 billion from hedge funds in September pushing Q3 net flows into negative territory with an estimated $5.71 billion leaving the industry in Q3, according to the just-released September 2018 eVestment Hedge Fund Asset Flows Report. Year-to-date net flows are essentially now flat with a very slight net $70 million inflow. Total industry assets sit at $3.310 trillion. Among primary strategies Event Driven funds were a bright spot, with asset flows of +$1.73 billion in September and +$4.10 billion for Q3. Event Driven funds, however, are still negative for the year, with year-to-date (YTD) flows at -$1.42 billion.

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