I've provided detail as to the general asset allocation programming + benchmarks most family offices deploy (*note, not all FO's adhere to this)
Last 2 yr avg aggregate return w/out crypto: 5.2%
Last 2 yr avg aggregate return w/crypto: 12.3%
(*this is not investment advice)
Last 2 yr avg aggregate return w/out crypto: 5.2%
Last 2 yr avg aggregate return w/crypto: 12.3%
(*this is not investment advice)
I'm going to add VaR in here as well tonight...
While the RFR is 3.18% (GT10's) many managed FO's are paying 1-2% of AUM/yr for 2.02% return better than RFR.
Comps/bonuses need to be justified - crypto has been shown to add asymmetric returns to improve overall picture.
While the RFR is 3.18% (GT10's) many managed FO's are paying 1-2% of AUM/yr for 2.02% return better than RFR.
Comps/bonuses need to be justified - crypto has been shown to add asymmetric returns to improve overall picture.
Did recalc's- traditional FO model, purely based on their respective benchmarks at ~4.3% in '18; bonds & real assets are negative drivers.
Still a +7% differential from traditional to +crypto portfolio over 2 yrs.
VaR - I'm getting ~25% at 99% confidence in non-crypto.
Still a +7% differential from traditional to +crypto portfolio over 2 yrs.
VaR - I'm getting ~25% at 99% confidence in non-crypto.
