“We’ve seen a steady decline in the hedge fund allocation over the last several years,” she said. “And there appears to be very little appetite for increasing the allocation.”
When asked if they plan to increase their allocation this year, 85 percent of respondents said no.
Natural resources, including commodities, had the best return last year for the respondents, averaging 15 percent. Domestic equities followed with a 13 percent return, compared with a total return of 12 percent for the S&P 500 index. Real estate investments by families returned an average of 9 percent, according to the survey.
This article was provided by Bloomberg News.