Bringing you live news and features since 2006 

upwards trending arrow

Family offices increasing hedge fund allocations in 2019

RELATED TOPICS​

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.”
 
“We are seeing a surge in interest in the hedge fund sector among substantial families which is good news for managers who seek allocations from family offices. Often, however, family offices can be hard to find and challenging for fund managers to get in front of them to tell their story. Our group has a global network of 10,000 family offices and we help educate them about various products and services.” 
 
Michael DeLuca of DeLuca Family Office, says: “We’re planning to allocate an additional 10 per cent to hedge funds in the first quarter of this year and are in the process of conducting due diligence on a select few. In addition, we’re seeking to broaden our outreach to identify other top tier managers for the balance of the year.”
 
Adam Goldstein of Goldstein Family Office, adds: “We get approached by a number of hedge funds but unfortunately 2018 showed lacklustre performance by many of them. That said, we’re on the hunt for the best performing funds out there which have the potential to deliver in the months and years ahead.”

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
ETFs
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by