Credit Suisse Prime Services – Capital Services (CS) recently released its tenth annual survey of the hedge fund industry covering overall demand for hedge fund investments; asset flows by strategy and region; use of preferential fee terms; interest in non-traditional hedge fund products; and industry prospects and risks. Among the key findings in this year’s survey are that institutional investors were significantly more satisfied with the performance of hedge fund portfolios in 2017 than in 2016 and that hedge funds are offering their investors a more diverse range of fee structures than ever before, Robert Leonard, global head of capital services at CS, told the Hedge Fund Law Report. Improved performance and more constructive fee arrangements have, in turn, led to more positive investor sentiment toward hedge funds. This article summarizes the key findings of the study, with additional insights from Leonard.
For coverage of previous CS investor studies, see 2017 Mid-Year Hedge Fund Investor Sentiment Survey
; 2017 Hedge Fund Survey
; 2016 Mid-Year Hedge Fund Investor Sentiment Survey
; 2016 Hedge Fund Survey
; 2015 Mid-Year Hedge Fund Investor Sentiment Survey
; and 2015 Hedge Fund Survey