Family office fund managers plan to expand their allocations to alternative asset classes throughout the next two years, with infrastructure expected to see largest allocation increases, according to a survey by Ocorian.
As family offices are increasingly focused on diversifying their investment holdings, all respondents to the survey reported they plan to increase their allocations to alternative assets, and none planned to reduce their exposure.
Infrastructure ranked highest in planned allocations, as 64 percent of managers reported their plans to increase allocations to the sector by between 25 percent and 50 percent during the next two years. Real estate is also expected to see an increase of allocations by 22 percent of respondents, private debt by 32 percent of respondents and private equity by 21 percent of respondents.
Managers cited diversification as the top reason for expanding allocations, followed by increased transparency, ability to provide income