While the hedge fund industry received $16 billion in new assets in October, the inflow rate was the lowest since January, with investors pulling an estimated $2.8 billion out of direct hedge fund investments, according to a release from TrimTabs Investment Research and BarclayHedge.

“Although the October inflow was down a bit from prior months, it is stunning to note that year to date, hedge fund flows of $279 billion are more than three times equity mutual fund flows of  $79 billion,” said Charles Biderman, chief executive officer at TrimTabs. “Inflows into multi-strategy have been strong all year, but inflows of equity market neutral have been much more volatile.”

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