Hedge Funds’ Popularity Among Allocators Flags, per Consulting Firm

Hedge funds once were the hot ticket among allocators, but their popularity has waned. Institutional investors are not looking to expand their allocation in the space, according to consultant Agecroft Partners.These investors, including pension funds, endowments and foundations, “have reached a saturation point in fully allocating a percent of assets to hedge funds,” wrote Don Steinbrugge, Agecroft’s founder and CEO, in its commentary on industry trends for 2024.If so, that would reverse a..