Family offices add PE after sharp return drop
Family offices posted flat returns last year, thanks to negative performance by bonds and equities, but they are rebounding. Like big institutional investors, they are turning more to private assets.
Family offices globally have boosted their private equity allocations in the past 12 months, while slightly paring their hedge fund exposure, and that trend is set to continue, found research by UBS Wealth Management and Campden Wealth Research*.
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