Wealth Professional – January 2019
Last year may have been a tough one for global hedge funds but that hasn’t dissuaded the growing family offices sector.
Family offices are set to increase their allocations to hedge funds according to Family Office Networks, which includes 10,000 family offices worldwide with U$15 trillion in assets.
“Roughly 30% of the family offices that we have surveyed over the past few months have mentioned that they plan on increasing their allocation into hedge fund products,” said Andrew Schneider, Founder and CEO of Family Office Networks. “With the broader capital markets being down last year, family offices are looking for preservation of capital.”
The full article is available here: Wealth Professional