Event driven boosted in 2014 by $43 billion flows

Event driven funds reached $582 billion through the end of November 2014

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Event driven has been the second most popular strategy among hedge fund investors in 2014, behind only multi-strategy. Total assets under management (AUM) in event driven funds reached $582.5 billion through the end of November.

The universe, which includes activist strategies, received an estimated $43.7 billion in new capital during the year while performance added an additional $3.4 billion, the asset-weighted equivalent of only 0.63%. Activist strategies have seen elevated interest during

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