Consultants expect hedge funds, private equity and real estate to drive 20% of all search activity and 26% of new or expanded mandates this year, according to a new survey from Casey Quirk Consulting.
This year 30 investment consultants, representing $9.7 trillion in assets under advisement from US investors, participated in the survey. In 2011, the respondents conducted nearly 5,000 searches and placed a total of $370...