Alternative fund managers based in the US and Europe were asked to select their top five geographies that they expect to be targeted the most for fund raising over the next 18 months and 65% included Canada in their choice, according to a new study commission by Ocorian, a specialist provider of alternative fund services and global leader in entity administration, fiduciary and compliance solutions.
As well as being one of the top target countries for alternative asset fund raising, professional investors in the US are also expected to dramatically increase levels of fund raising for alternatives.
This is followed by the UK, where 36% of alternative fund managers predict investors will dramatically
increase their allocation to alternatives. One in three (34%) of fund managers expect investors in continental Europe to do this.