Shift in Investment Strategy: Family Offices Ditch Stocks for Private Markets

Family offices, the private investing arms of wealthy families, are shifting their investments out of public stocks and into private markets, according to a survey by Campden Wealth and RBC. The survey found that family offices now have more of their money invested in private equity, venture capital, and private debt (29.2%) than in publicly traded stocks (28.5%). This marks the first time in the survey's history that family offices have allocated more to private markets than public stocks. The survey also revealed that family offices plan to further increase their allocations to private markets, with a focus on private equity funds and direct private equity deals. This shift reflects a broader trend among family offices seeking better long-term returns and reduced volatility compared to stocks.