Institutional investors are rapidly embracing commodity-trading advisors — despite the fact that these funds have trailed other hedge fund strategies for several years running.
The number of institutional investors in hedge funds actively investing in CTAs has surged in the past five years, up to 713 in 2012 from 504 last year and just 331 in 2008, according to a new study from London-based Preqin, which provides data and research on alternative investment funds.
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