Third of Institutional Investors
Third of Institutions to Up Hedge Fund Investments
Hedge funds have not had as much trouble raising assets recently, at least not compared to pre-2009. Fundraising will likely continue on this pace as one third of institutional investors expect to increase their investments in hedge funds over the next 12 months.
Nearly a third of institutional investors plan to increase the amount of money they invest with hedge funds over the next 12 months, according to a new survey, in spite of one of the industry’s worst quarters ever.
Just 15 per cent of investors surveyed said they were looking to decrease their portfolio allocations to the $2,000bn industry, said the report, conducted by the alternative investment consultancy Preqin.
The findings come as a significant fillip for hedge funds, which have seen inflows dwindle in recent months on the back of huge performance-related losses in May and June.
The industry lost $30bn of investors’ money in the second quarter, according to data from Hedge Fund Research. After nearly $14bn of net inflows into funds in the first three months of the year, investment in hedge funds dropped to just over $9bn in the three months to the end of June. Source
Related to: Hedge Fund Institutional Investors
Tags: Hedge fund investors, institutional investors, hedge funds, hedge fund investors, institutional investors 2010
