The surveyed family offices allocate most heavily to equities-developed (30 percent), followed by alternatives (25 percent), fixed income–developed (14 percent), fixed income–developing (7 percent), cash and cash equivalents (7 percent), and equity-developing (5 percent), according to a survey by Peltz International. The remainder consisted of “other,” such as real estate.
In alternative investments, the largest allocation was to real estate–direct (30 percent), followed by private equity–direct (25 percent), hedge funds (22 percent), private equity funds (19 percent), REITs (3 percent) and commodities (1 percent).
Lois Peltz, president of Peltz International and author of the report, noted: “In comparison to the 2018 survey results, the allocation to equities and fixed income increased while the allocation to alternatives and cash dipped.”
“"In the alternatives space, real estate–direct, REITs and private equity–direct experienced increase