Hedge funds added $9.3 billion in assets during October, according to a report Thursday from eVestment. Year-to-date total net inflows for all hedge funds was $58.9 billion for the first 10 months of the year.
Fixed-income/credit funds have dominated year to date with $68.6 billion of net inflows, and October marked the 12th consecutive month that credit fund flows were positive. According to eVestment, dating to February 2012, credit hedge funds have averaged monthly inflows of $6.4 billion each month.