The ongoing U.S. government shutdown has disrupted the flow of vital economic data, leaving family offices without many of the indicators they rely on for investment decisions. With no updates on unemployment, trade, or commodities figures, investors are turning to corporate earnings and alternative data sources to gauge the health of the economy.
One of London's oldest hedge funds, Adelphi Capital is set to convert into a family office after its run of poor performance, which is another sign that equity managers are facing difficulty in managing sharp sell-offs in markets.
For a sum of $350,000, which is just five times over the median household income in the U.S, people can invest with Equi, which is focused on alternate assets, which is a common place that billionaires used to grow.
Founded by Thomas H. Ruggie, Destiny Family Office serves high-net-worth and ultra-high-net-worth, has been chosen as a finalist in the 9th Annual Family Wealth Report Awards in the Multi-Family office category (including and up to $2.5 Billion in Assets under Advisement or Management).
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