Hedge funds with $7bn outflows following tough October

(Opalesque) October saw hedge funds notch worst performance. Investors removed an estimated -$7.13bn from the global hedge fund industry in October, pushing year-to-date (YTD) flows firmly negative at -$10.09bn, says eVestment. According to the October 2018 eVestment Hedge Fund Asset Flows Report the October outflows follow an uninspiring year in hedge fund performance, culminating in October performance numbers that saw almost all primary hedge fund markets and strategies in the red for the month.

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