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Hedge funds and equities in demand in 2010

08 March 2011

The number of equity and hedge fund mandates awarded by Towers Watson's clients worldwide increased in 2010

The number of equity mandates awarded by Towers Watson's clients worldwide in 2010 increased by over 30% from 2009, while the number of hedge fund mandates grew by 50% during the same period.

At the same time the number of bond mandates fell by 30%, with US and Euro bonds showing the most noteworthy fall in demand from the previous year.

Private markets attracted more interest from investors in 2010 than in 2009, with the number of mandates growing 73%, led by renewed interest in direct real estate and distressed debt.

Craig Baker, global head of manager research at Towers Watson, said: "Increased selection activity in general is probably a reflection of the fact that investors had spent much of 2009...