Middle East investors’ share of hedge fund assets to rise 30%
Tuesday, April 28, 2009 : PermalinkSaudi Gazette – By end of 2013, Middle East investors will account for about $194 billion in hedge fund assets, or about 7.5 percent of total global hedge fund assets, a new global study of institutional investors, investment consultants and hedge funds released on Monday by the Bank of New York Mellon and Casey, Quirk & Associates, said.
This is an almost 30 percent increase on 2007, when the Middle East accounted for about $109 billion, or a 5.8 percent share.
Tags: amp, bank of new york, bank of new york mellon, casey, fund-assets, global hedge fund, global study, institutional-investors, investment consultants, quirk, saudi gazette
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