•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

B. G., Opalesque Geneva:

According to Swiss bank UBS' 2023 Global Family Office Report, allocations to hedge funds have increased in line with a greater emphasis on active management, and family offices are planning to further diversify their private market allocations.

Within family offices' allocation refocus, there was a notable rise in hedge fund allocations, from 4% in 2021 to 7% in 2022 globally. The breakdown is 10% in the US, 7% in Latin America, 4% in Switzerland, 8% in Europe and 11% in Asia-Pacific.

Half of all the family offices surveyed invested in hedge funds in 2022, up from 43% the year before.

By contrast, direct private equity allocations are falling: from 13% in 2021 to a planned 6% in 2023. There are also plans to reduce real estate allocations in 2023. Yet allocations to private equity funds rose in 2022, and there are plans to raise infrastructure and private debt holdings in 2023.

Source: UBS Global Family Office Report 2023

Family offices have confidence in hedge funds' ability to generate investment returns as central banks drain excess financial liquidity from markets and macroeconomic uncertainty persists, says the report. Almost three quarters (73%) believe that hedge funds......................

To view our full article Click here