A lack of measurable data is cited by respondents as a barrier for deeper engagement with impact investing, along with the expectation of market-rate returns which are often not met by these investments.
Investment plans
The survey shows that enterprise families and their family offices plan to overweight private equity (65% of respondents) and cash (44%), and underweight fixed income (68%).
The plan to shift funds from fixed income to PE is more prevalent among larger offices, with smaller ones more likely to park funds in cash.
Expectation is high, with most respondents looking to match market performance over the next two years, while one third are predicting that their investments will beat the markets.
Outsourcing expertise
FOX’s Global Investment Survey also revealed that just 13% of small family offices (7 or fewer employees) have in-house PE or VC expertise, compared to 59% of larger ones.
