European Family CIOs Rethink U.S. Exposure Amid Volatility

The Evolving Advisor Family Office Business Model

[While the history of single family offices take us from the major domus of ancient Rome, to the major-domo of great households in the Middle Ages, to the “superintendent” of rich families from the 14th to 18th centuries, it was not until 1838 that the House of Morgan ushered in the formation of one of the first […]

European Family CIOs Rethink U.S. Exposure Amid Volatility

The CIOs of British and mainland European family offices are reconsidering the scale of U.S. investments as geopolitical and economic uncertainty worsens. Lili Forouraghi, who leads BlackRock’s family office team, said that doesn't mean families are suddenly risk-off. Instead, “families are asking how to diversify their sources of alpha, focusing more on bottom-up portfolio construction, looking at correlations across portfolios, how much liquid…