Industry Analysis Institutional Investors Mandates & RFPs

The wait was worth it: optimism returns


As investors emerge from what for many was a double annus horribilis, 2010 is ushering in some positive news

By Susan Barreto

For most investors, whether in hedge funds or not, the past two years have been like the roller-coaster ride from hell. Investors saw performance, portfolios, managers, sentiment and assets crashing down, with moments where an end did not seem in sight.

But despite all this, 65 institutional investors, with assets totalling nearly $1 trillion, made their hedge fund buying decisions public through InvestHedge's monthly mandate news summary. And while only $5 billion of confirmed new money was given to hedge funds and funds of funds in 2009,