Institutional Investors

Nordic investors still shopping for hedge funds

by

Investors in the Nordic region are expecting to increase their allocations to hedge funds as most have yet to fill their maximum allocation quotas, according to a survey by SEB Enskilda.

Going forward, 41% of investors surveyed plan to increase their allocations to hedge funds, while 68% allocated to non-Nordic based hedge funds in 2009. One-quarter of investors said they expect event-driven, credit and high yield/distressed strategies to perform well during 2010, while only around 11% of investors expect to increase their allocations to these strategies this year. According to SEB, this is because investors are diversifying their portfolios