And the biggest investors in hedge funds are...

So here's a question for you: Who provides hedge funds with the most investment money? Most of us would answer--in knee-jerk fashion--institutions, of course. We would be wrong--and right. Pensions, endowments and foundations still provide a hefty chunk to the hedge funds on average at 13 percent, and an additional 23 percent via funds of funds, notes research from Greenwich Associates and Global Custodian, cited in FINalternatives. But high net worth individuals still provide the most at 37 percent. Still, when it comes to big hedge funds, institutions have indeed taken over. They account for 25 percent of assets, while individuals account for 22 percent.

For more:
- here's the FINalternatives article