Deutsche Bank Global Prime Finance (DB) has released the results of its 14th annual Alternative Investment Survey. This article, the first in a two-part series, covers the portions of the survey addressing asset flows, allocation plans and portfolio construction. The second article will cover the survey’s findings on hedge fund fees, early stage investing and the Alternative Investment Fund Managers Directive. For coverage of similar sections of DB’s 2015 survey, see “Investor Appetite for Hedge Funds and Other Alternative Investments and Strategies, and Criteria for Investing in Hedge Funds” (May 21, 2015). For coverage of its 2013 survey, see “Deutsche Bank Survey Describes the Contours of the Nontraditional Hedge Fund Product Market: Investor Appetite, Performance, Marketing, Fees and More” (Jan. 23, 2014). For discussion of another recent survey of the alternative investment space, see “Ernst & Young’s 2015 Global Hedge Fund and Investor Survey Probes Hedge Fund Growth Priorities, Fee and Expense Climate, Prime Brokerage and Operational Matters” (Dec. 3, 2015).