Private wealthy investors will increase alternatives investments totaling $12 trillion from $4 trillion during the next 10 years, reported Family Wealth Report, citing findings from BNY in its Wealth Trends in Alternatives report.
BNY found that 84 percent of survey participants using alternatives expect their target allocation to increase in a year’s time, and 52 percent think it will be significantly higher.
The greatest growth is likely to be in natural resources, hedge funds and real estate investment trusts, with 61 percent, 62 percent and 66 percent, respectively. Allocations to private equity are expected to grow for 63 percent of respondents, though more expect this increase to be only slightly higher.
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