The big money still loves hedge funds

CNBC – Big investors plan to keep pouring money into hedge funds despite returns near or less than market benchmarks.

No less than 97 percent of 284 institutional investors surveyed by Credit Suisse said they plan to be “highly active” in making hedge fund allocations during the second half of 2014. That’s even more than the 85 percent who already made allocations in the first half of the year.

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