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Alternative Market Briefing

Study reveals Caribbean family offices switch allocations in response to Trump tariffs

Thursday, November 27, 2025

Matthias Knab, Opalesque for New Managers:

Family offices in the Caribbean are increasingly changing allocations in the funds they manage in response to U.S. tariffs with private market investments the main beneficiaries, new research from Ocorian, the specialist global provider of services to high-net-worth individuals and family offices shows. All have moved more money into private markets at the expense of fixed income and equities. More than one in five are moving more funds into crypto and digital assets.

Its study among family members, senior family office employees and intermediaries working for family offices in Bermuda, the Cayman Islands and Mauritius with total wealth of $8.75 billion found all have moved more funds into private markets at the expense of equities and fixed income.

More than one in five (22%) have increased allocations to digital and crypto assets following the uncertainty caused by the imposition of tariffs by the Trump administration.

Equities are the main losers from the change in allocations - 44% questioned in Bermuda, the Cayman Islands and Mauritius have moved funds out of equities and into fixed income following the launch of tariffs.

The study with 25 family office members, employees and intermediaries in Bermuda, the Cayman Islands and Mauritius is part of a global study in 13 countries or territories including the UK, UAE, Singapore, Switz......................

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