Investors added an estimated net USD10 billion to hedge funds in February, according to data released by eVestment.
The sector had stared the year with net investor redemptions in January but bounced back the following month with inflows just below the five-year February average of USD11 billion.
Negative performance of 0.26 per cent for the month accounted for an overall decline in assets but saw a second consecutive month of outperformance against the S&P500 which lost 3.14 per cent in February.
