Deutsche survey shows rise in allocation to hedge funds

NEW YORK -- Institutional investors plan to continue increasing their asset allocations to hedge funds and their exposure to internationally domiciled funds, according to a survey conducted by Deutsche Bank’s Equity Prime Services division.

The firm’s 2004 Alternative Investments Survey polled 323 investors, including funds of funds, public and private pension funds, and family offices based primarily in the US and Europe.

A quarter of respondents report typical hedge fund allocations of $20