MIAMI, Feb. 17, 2016 /PRNewswire/ -- A strong majority of institutional investors (79 percent) plan to increase allocations to hedge fund managers in 2016, according to a survey of approximately 200 investors at Context Summits Miami 2016. Ninety-six percent of investors plan to allocate in two or more funds in 2016. In total, nearly 500 investors and 450 managers representing over $1.5 trillion in combined assets attended the three-day conference, which connects private fund managers with qualified investors via one-on-one meetings.
"This survey provides invaluable insight into allocation trends for 2016 and offers a snapshot of the conversations between managers and allocators at our Summit," said Mark Salameh, Co-Founder and Chief Executive Officer of Context Summits. "We believe this year presents a unique opportunity for many managers to distinguish their story and attract institutional capital, particularly considering findings in this survey coupled with the current macro environment and broad range of strategies represented at our Summits."
More than a quarter (26 percent) of investors said they planned to maintain all of their current hedge fund allocations, and two-thirds (66 percent) planned to redeem from two funds or less. The majority of investors (62 percent) also said that they would reduce their cash position by the end of the year.
Additional findings from the survey include:
Context Summits will publish a detailed report with the complete survey results and in-depth analysis next month, which will be available at www.contextsummits.com.
Context Summits hosts four events each year. The next event is Context Summits Texas 2016, which will be held from June 5-7 at AT&T Stadium in Arlington, Texas. For additional information, please visit www.contextsummits.com/texas.
About Context Summits:
As the preeminent producer of events for the alternative asset management industry, Context Summits focuses on elevating the conference experience through an innovative format and structure where relationship building leads to unmatched results. A pioneer of the one-on-one 'summit' format, Context Summits utilizes an innovative approach to deliver effective and transparent networking events that elevate the conference experience for managers, allocators and investors. Through its systematic approach, Context Summits is able to attract high quality attendees, making meetings efficient and productive. For more details, please visit: http://www.contextsummits.com.
SOURCE Context Summits