Managed futures funds win big in third quarter flows report

Redemptions for event-driven and MBS funds.

Positive investor sentiment towards hedge funds continued through the third quarter, with U.S. hedge funds attracting 1.52% in new cash. Total industry assets increased by 5.81% when including asset-weighted performance gains of 4.29%. Managed futures funds enjoyed the largest boost in assets, welcoming inflows of 17.21% through September. Asset-weighted performance