Forty-two percent of assets placed by institutional investors in the first half of this year went to money managers specializing in alternatives, with 501 hirings totaling $28.5 billion, according to an analysis by consulting firm Eager, Davis & Holmes.
For all of 2010, institutional investors placed 869 investments in alternatives, totaling $37.7 billion.
That compares with 152 U.S. active equity investments totaling $6 billion and 106 U.S. active fixed-income mandates with a combined $11.5 billion. In 2010, U.S. active equity managers garnered 412 placements totaling $21 billion and active bond firms gained 307 mandates with a combined $25 billion.
Institutional investors made 157 real estate investments totaling $9.3 billion in the first six months of this year, compared to 237 real estate investments with a combined $16.2 billion in all of 2010.
“Investments that address special situations or are favored in an inflationary environment are seeing more hiring activity,” said David Holmes, partner at Eager Davis, in a news release.
The data came from Eager Davis’ analysis of its Tracker Hiring Analytics database.
