Sovereign Wealth Moving Into Hedge Funds

Posted by Bull Bear Trader | 7/01/2008 10:27:00 AM | , | 0 comments »

The Guardian is reporting that foreign sovereign wealth funds are increasing investment in London hedge funds, in particular funds of funds. The capital increase is coming at a good time for the hedge funds as the credit crunch has decreased debt funding. The magazine Hedge Fund Manager Week is reporting that sovereign wealth funds are on average looking to increase alternative investment allocations from 1% to 10% of total portfolio assets.