The vast majority of hedge fund professionals are bullish about assets growth in 2011, according to a survey by AlphaMetrix.

Some 83% of those questioned at AlphaMetrix's 2011 Summit said they expected to see asset growth of more than five per cent in the coming year with Managed Futures, Event-Driven and Global Macro seen as the strategies that are most likely to do well in 2011.

Nearly a third (30%) of investors plan to invest in a hedge fund mutual fund or ETF structure in 2011, while 14% of managers plan to create a hedge fund mutual fund or ETF structure in 2011.

In addition, 18% of investors plan to invest in a UCITS structure in 2011, while 27% of managers plan to create a UCITS structure in 2011. Some 74% of participants see EU/US regulations as having either no impact or a negative impact on the hedge fund industry, while 67% of attendees believe there will not be a double-dip recession

The survey also found that 42% of attendees believe the US offers the best near-term investment prospects, followed by Canada with 37% and Germany/UK with 18%.