Hedge funds continue strong start to 2021 with elevated asset flows Monday, March 29, 2021 Opalesque Industry Update - Global hedge funds continued their strong start to 2021 with elevated asset flows in February, according to the just-released February 2021 eVestment Hedge Fund Asset Flows Report. Positive flows for the industry in February have been the norm since 2009, but the $16.44 billion investors added to hedge funds last month, coupled with January's inflows, made this the best two-month start for the business since 2014. Strong performance in January and February was also a plus, bringing the hedge fund industry's overall AUM to $3.407 trillion. According to eVestment Global Head of Research Peter Laurelli, eVestment data shows the majority of funds seeing new money in February. "Reported data indicated over 60% of funds had net inflows in February, following about 50% that saw new money in January," he said. "This means the incoming assets are being relatively widely distributed."