Hedge fund allocations from the family office sector are set to increase in 2019, according to Family Office Networks (FON), a network of 10,000 global family offices with $15tn in assets.
AITEC and Alternative Investment Management Association (AIMA) have published a due diligence questionnaire (DDQ) of vendor technology and cyber security.
Investors are looking differently at hedge funds. Only 7 per cent plan increased allocations over the next three years, according to a survey of the global alternative fund industry by EY.
Institutional investors are now highly focused on long-term value, with the vast majority (97 per cent) saying they conduct either an informal evaluation or a structured, methodical evaluation of a target company’s non-financial disclosures when deciding future investments.
The wealth management industry is changing and how it evolves and uses new technology is likely to have an impact on the wider management of institutional investments.
At of the end of 2016, private wealth totalled RMB165tn ($25.39tn) in China, making the country the second largest private wealth market next to the US.