Ninety-four percent of family offices surveyed by the fund services provider Ocorian said they are preparing to make acquisitions in 2024, and nearly half (49%) plan to emphasize direct investments, reports Delano, a Luxembourg-based news service.
The surge in activity reflects a trend toward a more hands-on approach in managing investments, said Amy Collins, head of family office at Ocorian.
“Family offices are set to go on a buying spree” because of the effects of historically low interest rates and generational shifts in investing preferences.
The survey of 134 global investment managers overseeing family offices with assets totaling more than $62 billion also revealed growing interest in alternative investments, balanced with concerns about how long this trend will last.