Family Offices Increasing Hedge Fund Allocations in 2019

HedgeWeek – January 2019

Hedge fund allocations from the fast-growing family office sector are set to increase during 2019, according to data released by Family Office Networks (FON).

According to the network of 10,000 global family offices with USD15 trillion in assets, the appetite for various hedge fund strategies is increasing, with more capital being allocated to traditional Long/Short, Global Macro and Managed Futures strategies as a hedge against recent volatility in the marketplace. In addition, FON is seeing newer strategies grow in popularity for investment such as blockchain, artificial intelligence and cannabis funds.
 
“Roughly 30 per cent 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,” says 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. With that in mind, we are planning a number of high profile hedge fund thought leadership events this year beginning with a West Palm Beach event on March 26 and a New York City event on 16 April. We invite fund managers to submit their tear sheets for consideration.”

The full article is available here:  HedgeWeek