Funds of Funds Here We Come

While 45.2 percent of family offices of every kind single, multi-family and commercial invest in funds of funds today, a whopping 83.8 percent expect to do so in the next three years. This is one of the key findings of a recent survey of 653 offices representing 34,499 families with a total net worth of $2.1 trillion and $1.2 trillion in investable assets. Prince & Associates of Redding, Conn. conducted