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World’s Super-Rich Families Want More Hedge Funds, Survey Finds

  • Family offices aim to boost allocations in wake of pandemic
  • More firms also are exploring sustainable-investing strategies
BlackRock Inc. headquarters in New York, U.S, on on Thursday, July 9, 2020. BlackRock is scheduled to release earnings figures on July 17.
Photographer: Jeenah Moon/Bloomberg
Updated on

Family offices are heading back to hedge funds.

More than a third of 185 investment firms for wealthy clans plan to boost allocations amid the economic upheaval caused by the Covid-19 pandemic, according to survey released Wednesday by BlackRock Inc. and Juniper Place, a London-based firm that helps asset managers raise capital.