Institutional Investors

Alternatives to feature in US portfolios, says consultant survey


Investment managers with strong capabilities in global and emerging markets equities, hedge funds and funds of hedge funds, private equity and real assets are in most demand this year from retirement plans, endowments, foundations and other large investors, according to the 2011 Consultant Search Forecast.

This year’s survey, “Old Wine in New Bottles,” polled 55 investment consulting firms in the US and Canada responsible for $10.4 trillion in assets under advisement. This was the fifth annual poll conducted jointly by eVestment Alliance and Casey, Quirk & Associates.

This year, three key trends are expected to reshape institutional investment