Hedge Funds Performance

Asset flows: Money flees commodities funds; Event Driven, MBS strategies see inflows

by Amal Robleh

First Absolute Return fund flows report tracks investor money into and out of strategies.

It's a good time to be raising money for event-driven and mortgage-backed hedge fund strategies, according to Absolute Return's first fund flows report.

Event driven funds, which are up 9.38% this year, took in net assets of 3.64% in September. That was just above MBS managers, which collected a 3.42% net increase, despite being on track to achieve not even half of last year's median performance gain. See a complete chart with all flows below.

The data show that strong annual returns do not necessarily guarantee increased investor interest. Distressed hedge funds, the best of all the Absolute Return