A new survey of hedge fund managers found that more than 70% anticipate that institutional investors will be the dominant source of new capital in 2011, while four years ago only 20% of managers believed the same, according to Howard Altman, co-CEO of Rothstein Kass and principal-in-charge of the firm’s Financial Services Group.
In the “2011 Hedge Fund Outlook: Brighter Day?” survey, more than 85%...