Global custodian bank State Street has published a report on the hedge fund industry offering an overview of the impact of rising institutional allocations to alternative investment vehicles and the implications of this trend for institutions and the hedge fund industry.
It looks at hedge funds’ investing trends and techniques, the evolution of risk management, new developments in the pursuit of alpha, and reviews hedge fund regulation.
“As part of the ongoing series designed to provide the industry with timely insights, this paper responds to a need for greater understanding of all aspects of hedge fund investing,” says Jay Hooley, vice chairman of State Street. “Given the results of our third institutional hedge fund study released last month, it is evident that institutional hedge fund investing is becoming less ‘alternative.’ We hope this new report will help industry professionals enhance their knowledge of hedge funds and navigate the risk and opportunities available in these important investment products.”