New allocations to hedge funds may
more than triple this year, pushing the global industry’s assets to a new high,
Deutsche Bank told Bloomberg in its annual survey.
Hedge fund assets worldwide may
increase 11 percent to $2.5 trillion by year-end, according to the survey by
the Germany’s largest bank. Investors indicated they will add $123 billion of
capital to the industry, in addition to investment returns that are expected to
boost assets by $169 billion, the Frankfurt- based bank said.
Hedge funds are forecast to draw
more net deposits as investors, especially institutions, pursue more stable
returns with low correlation with other assets such as stocks and bonds, the report
showed. The $2.3 trillion global industry gained an average 6 percent last
year, taking in $34.4 billion of net inflows, according to Chicago-based data
provider Hedge Fund Research Inc....
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