Monday, March 14, 2005

 

Greenwich Associates Survey (II Hedge Fund Daily 3/14/05)

Pensions, Endowments Push HF Allocations
The number of pension funds and endowments allocating money to hedge funds has nearly doubled since 2001, according to Greenwich Associates. A survey of 1,700 institutional investors found that 28% of those polled include hedge funds in their portfolios, compared with 15% in 2001. While more of those institutions are adding hedge funds, the percentage of allocations has inched up slightly, from 1.3% in 2003 to 1.6% last year.
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