# Institutional investors favour hedge funds with $1bn-$5bn of assets under management

## Sticky money favourites

Hedge funds with $1 billion to$5 billion in assets are in the sweet spot for institutional investors and have become the fastest-growing segment of the industry, according to a report by Citi Prime Finance, the prime brokerage arm of Citigroup.Fund managers with assets in this range are benefiting from the shift to direct hedge fund investing, particularly among pensions and sovereign wealth funds (SWFs), according to the report.Such managers experienced a 37% growth in assets under man