Retirement plans, endowments, foundations and other large investors in North America will turn over $420 billion in assets to new investment advisors, according to the “2010 Consultant Search Forecast” survey of 70 leading investment consulting firms by eVestment Alliance and Casey, Quirk & Associates.

The change will be driven by sponsors looking for strong capabilities in developed and emerging markets stocks, hedge funds, hedge funds-of-funds and inflation-protected strategies.

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