Fewer institutional investors expect the global economy to strengthen in the next 12 months
ILPA Private Markets Benchmark constructed in partnership with Cambridge Associates
Asset allocators overweight in equities, say bonds are overvalued
Fund managers shifting money to equities from bonds
More institutional investors believe the global economy will strengthen in the year ahead
Optimism in the global economy is outweighing fears surrounding the U.S. fiscal cliff
Institutional investors identify U.S. fiscal situation as a top risk
Fresh optimism comes amid growing expectations of intervention by the European Central Bank
Eurozone concerns spread to core economies
Institutional investors spur hedge funds to grow operations and increase transparency