(Hedgeweek) After a long string of redemptions, eVestment has reported positive sentiment in the hedge fund industry this month, with hedge funds netting an estimated USD7.9 billion in inflows in February.As a result, flows are now positive year-to date in 2017.
The industry had endured net outflows in each of the last five months, and seven of the last eight, prior to February’s net inflows. Total industry AUM now sits at USD3.085 trillion, highest since July 2015.