Credit Suisse’s annual hedge fund investor survey indicates that institutional investors are optimistic about the industry’s performance and growth for 2013.
Return expectations among institutional investors in this year’s survey, “Reaching New Heights,” increased to 6.9% from a forecast of 5.4% last year.
Respondents also identified long/short equity as the most sought-after hedge fund strategy for 2013, followed by emerging markets equity. In terms of regional preferences, emerging markets and Asia-Pacific regions remained in the top two spots, which parallel investors’ increase in risk appetite.
Another interesting finding from the report is that investors are expecting hedge fund fees to decrease this year.
Based in Zurich, Credit Suisse is one of the world's leading financial services providers.