For most institutional investors, it's still wait and see time. They are facing a harsh new reality when it comes to hedge funds [1], and that is reflected in a recent Deutsche Bank poll of 500 investor firms worldwide, representing nearly $1 trillion in hedge fund assets. According to FINalternatives, the poll found that 80 percent of respondents are bearish. More seemed inclined to include risk management as a manager selection criterion, along with performance and managers' pedigrees. The silver lining is that more than half of respondents holding cash now plan to put that cash to work over the next 12 months. So now is the time to market the heck out of them.  

For more:
- here's the article [2]