Hedge fund inflows $18.6B in September

September saw the third-lowest inflow for hedge funds this year, as investors added $18.6 billion in new money, according to data from TrimTabs Investment Research. Emerging markets took the lion’s share of the new money, as investors poured in $11.4 billion – 61% of the total. Those funds were also the top performers in September, with returns of 5.7%. Outflows were also heavy for hedge funds during that period. Equity market neutral funds lost $3.5 billion in assets, and investors pulled $1.4 billion from equity long biased funds. Fixed income funds lost $1.0 billion in assets. October will likely be a light month for hedge fund inflows, as TrimTabs estimates that funds of funds only attracted $357 million in September.