Alternatives, Rising Risk Concerns In Focus At Family Office Investment Summit

Charles Paikert

19 November 2024

The growing popularity of alternative investments and concern over rising risk were both apparent at this year’s Family Wealth Report Family Office Investment Summit in New York.

Industry experts stressed the importance of due diligence when choosing fund managers for alternatives. “Manager selection is absolutely key for success,” declared Dan Scansaroli, head of portfolio strategy for , a company that automates electronic trading of corporate bonds and implements systematic strategies to reduce transaction costs.

Custom indexing and fund accounting were also discussed at the conference.

Custom indexing – Custom indexing strives to achieve “meaningful tax alpha, customization and values-aligned investing opportunities,” said Ashvin Viswanathan (pictured), senior equity portfolio manager for .

While best-in-class software can significantly upgrade family office technology, getting the different software programs to talk to each other remains a problem, Roda added. An even bigger problem is family offices “waiting five to seven years too long” to upgrade their software she said.

To see earlier articles about the summit, click here, here and here.