Asia-Pacific family offices are increasing allocations to hedge funds and other alternative investments as wealthy investors seek to diversify portfolios following strong gains across public markets, according to a report by the Business Ti9mes citing data from Cambridge Associates.
Eugene Snyman, regional head of Asia-Pacific at the investment consultancy, said some private clients now have between 20% and 25% of their portfolios allocated to hedge funds, while few of the firm’s private clients...
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