Investment News – The typical family office invests more than a quarter of its clients’ assets with hedge funds, according to an Infovest21 LLC survey of family offices released today. By comparison, advisers allocate about 1% of their clients’ assets to funds of hedge funds.
Angelo Robles, founder of the Family Office Association, which represents single family offices, said the use of hedge fund in his members’ portfolios may be even greater. He estimates portfolios may be invested 35% to 40% in hedge funds.
