After a few sleepy years, hedge fund mandates are back as the search for alpha is on among U.S. pension systems.
With over $6 billion in fresh allocations going to hedge fund/alpha strategies last month, the latest AW Research Investor Scorecard tracked a shift in allocator sentiment stemming from widespread market volatility.
In total, $24 billion in capital was allocated across the alternative investment spectrum, with $12 billion going to private equity and another $3.5 billion going to real estate strategies. Credit saw muted gains with another $1.3 billion . . .
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