Equity hedge funds took in $15.6 billion during the fourth quarter of 2013, totaling $21.9 billion for the full year. According to eVestment’s monthly hedge fund asset flows report, that is the first time equity hedge fund flows outpaced credit funds since the third quarter of 2011.
For the year, hedge funds had estimated net inflows of $71.9 billion. By strategy, fixed-income/credit funds led with $77 billion in net inflows, followed by equity strategies, commodities ($730 million in net outflows) and multiasset funds ($19.3 billion in net outflows).
