In this lose-lose situation hedge fund managers are finding it tricky to market themselves to family offices.
According to Bill Yelverton, executive director at wealth management strategists Scorpio Partnership, there are roughly 31,000 ultra high net worth individuals (UHNWIs) served by 6,000 family offices in Europe alone. These family offices are controlling an estimated $2 trillion, providing a major source of capital for hedge funds.
Yet family offices seem particularly guarded when it comes
The week on Risk.net, July 14–20, 2017Receive this by email