| Sovereign wealth funds allocate just a sliver of their assets to hedge funds, according to a major new survey. That’s still enough make them big-time industry investors. State-owned investors are stingy when doling out money to hedge funds, allocating far less on a percentage basis than public or private pensions. Even so, given their vast scale, the amount they do invest is sufficient to make their hedge fund portfolios bigger than those of any of their institutional peers on an absolute basis.
That seeming curiosity is one finding from Deutsche Bank’s Thirteenth Annual Alternative Investment Survey. The bank in December canvassed 435 global hedge fund allocators who together manage or advise $28.2 trillion in assets and $1.8 trillion in hedge fund assets...............................................Full Article: Source
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