"Investors allocated heavily into hedge funds in
April, the third consecutive month of elevated inflows," it said
in a statement.
A total of $17.9 billion of new money was invested to more than
offset a slightly weaker asset-weighted performance and push
assets under management to a level not seen since the second
quarter of 2008, eVestment added.
(Reporting by Simon Jessop; Editing by Jemima Kelly)
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