Unlocking the future

special report

A sympathetic legal and regulatory climate in Europe has resulted in a sharp increase in the number of pension funds considering hedge funds, and in particular funds of hedge funds, as a viable investment class for their portfolios, according to Investor Source's second-quarter survey of the investment climate.

Second-quarter results from the study show that pension funds account for 49% of the survey's market with insurance companies second at 14%. Geographically, the UK still dominates the

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