Citi Prime Finance finds that direct allocation by
end-investors to hedge funds is taking off and that smaller
managers, those with just under $1 billion, are getting a slice
of this direct allocation pie.
Citi Prime Finance has unveiled its annual investor survey
called 'Global Pension and Sovereign Wealth Fund Investment in
Hedge Funds: The Impact of Direct Investing'.
Over the past decade, pensions and sovereign wealth funds
have been gradually developing their hedge fund investment
programmes and, since...