MarketWatch – Hedge funds pulled in roughly $13 billion in new money from investors in November, the fifth consecutive month of inflows and a shift from the pullbacks that marked the first part of year, a research group reported Monday.
Net investor flows accounted for an increase of $12.97 billion while performance reduced assets by just over $11 billion, the firm added.
In October, investors plowed a net $18.4 billion into hedge funds. That followed inflows of $12.2 billion in September, $6.73 billion in August, $7.72 billion in July and a net outflow of $2.54 billion in June, according to HedgeFund.net data.
