With Volatility Spiking, Allocators Swap Stocks and Bonds for Hedge Funds
After enjoying a solid year of returns in 2021, allocators appear ready to head back to the hedge-fund well in 2022. French bank BNP Paribas, which surveyed 224 allocators representing $1.2 trillion in hedge fund assets, said in a report Wednesday that investors are expected to have met their average return target of 8.3 percent…