Goldman Sachs’ survey shows pension funds and insurance companies are increasing their allocation to credit and equities hedge funds in 2023.

A total of 31% of investors anticipate spending more in credit hedge funds, mainly in long/short and distressed strategies.

However, the study found that investors have not yet deployed the funds.

Equity long/short strategies were the second most-wanted global hedge fund strategy, with 17% of investors wanting to increase allocation.

Multi-strategy funds were losing popularity, and weak demand for quantitative, CTA, and systematic macro strategies was reported.