European institutions apparently staying the course on hedge funds
| Apr 16th, 2008 | Filed under: Hedge Fund Industry Trends | By: Alpha Male |
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US hedge fund managers aren’t the only ones bullish on their sector. Mercer recently released the results of a survey of European institutional investors that concluded hedge funds were “targeted for increased exposure” by European institutions.
And State Street Global Advisors reiterated its bullish position on the hedge fund industry in this Thomson Investment News article. Reports Thomson:
“UK pension schemes are still aiming for the 15 percent allocation to hedge funds widely forecast in 2007 – but in the wake of the credit crisis are more focused on fund of hedge fund structures and replication strategies, according to State Street Global Advisors.”
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