Agecroft's Don Steinbrugge Talks Hedge Fund Trends (VIDEO)

Feb 2 2011 | 1:48pm ET

Don Steinbrugge, chairman of Agecroft Partners, talks with Bloomberg's Lisa Murphy about overall trends in the hedge fund space and his investment outlook for specific strategies.

"I'm excited about flows into hedge funds for a couple of reasons," said Steinbrugge. "Pension funds are going to continue putting a lot more money into hedge funds," he said, adding that endowments and foundations that have been sitting on the sidelines because of liquidity issues are coming back to hedge funds, and the fund of funds industry is also increasing its allocations to single manager strategies.

Original Airdate: Jan. 24, 2011

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