Investments in hedge funds will grow by 28% in 2006 due to inflows from Asia and the Mideast, according to a survey released by Goldman Sachs, the Fort Wayne Journal Gazette reports. Goldman Sachs polled 467 investor groups to complete this study.
Investors believe that global macro and equity long and short strategies will deliver the most stellar returns. Investors in Asia, ex-Japan, expect hedge fund investments to grow by 40% this year. And the Mideast and Japan have expected growth rates of 34% each.