Originally published: Financial Advisor IQ, 11 April 2023
The demand for private market strategies is on the rise as family offices redeploy capital after being overweight in cash.
Family offices are expected to lean more heavily into alternatives after taking a conservative approach — and being overweight cash — for the past two years, new research by alternative funds administrator Ocorian shows.
The global survey, conducted in partnership with independent research company Pureprofile, looked at 134 single- and multi-family offices accounting for a total of $62.4 billion in assets under management. Twenty-five of those surveyed were based in the United States.
