Alternative investments now account for 60% of single-family office portfolios, surpassing traditional assets for the first time, according to BNY Wealth.
Hedge funds, private equity, infrastructure and private credit are increasingly attracting the wealthiest investors. In a world of high market valuations, inflation and geopolitical uncertainty, stocks and bonds are no longer sufficient for portfolio diversification. The world's richest investors are relying less and less exclusively on stocks and bonds. Instead, they direct more and more capital towards alternative investments - [...]
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