(Bloomberg) -- New allocations to hedge funds may more than triple this year, pushing the global industry’s assets to a new high, according to an annual survey by Deutsche Bank AG.

Hedge fund assets worldwide may increase 11 percent to $2.5 trillion by year-end, according to the survey by the Germany’s largest bank. Investors indicated they will add $123 billion of capital to the industry, in addition to investment returns that are expected to boost assets by $169 billion, the Frankfurt- based bank said.

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