Couple of months back Mckinsey put out a report on Emerging equity gap suggesting a $12.3trn and now the hedge fund allocations, sounds contrasting unless you have an arguement of Alternative assets
http://www.efinancialnews.com/story/2011-12-09/global-markets-facing-12…
www.mckinsey.com/Insights/MGI/...Markets/Emerging_equity_gap