Direct investing in hedge funds up globally: survey

28 June 2011
| By Ashleigh McIntyre |
image
image
expand image

Global institutional investors have taken to direct hedge fund investing following the global financial crisis, with $820 billion from pensions and sovereign wealth funds now directly invested in hedge funds, according to a new survey.

The Citi Prime Finance Survey found that small to medium hedge funds managing between $1 billion and $5 billion experienced the largest net growth in 2010.

The survey found that pensions and sovereign wealth funds have not only been increasing their hedge fund investment programs, but are taking a more active and “direct” approach to allocating these investments, as opposed to using traditional fund of funds.

Size, maturity and stability were found to be equally important in reaching institutional investors.

The survey looked at 60 major investors representing $1.65 trillion in assets under management, as well as hedge fund managers representing $186 billion in assets under management.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

10 months 2 weeks ago
Kevin Gorman

Super director remuneration ...

10 months 3 weeks ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

10 months 3 weeks ago

The central bank has served up a disappointment for punters on Melbourne Cup Day....

2 hours ago

The fund’s inaugural chief retirement officer is looking to establish a new venture. ...

6 hours 49 minutes ago

The sovereign wealth fund remains cautious of the impact of high inflation as it announces a strong return in its latest update....

1 day ago