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High Net Worth Families Plan To Invest More In Hedge Funds In 2003

Investors Offshore.com

15 April 2003

A report in HedgeWorld reveals that over half of family offices in the United States intend to increase investments in hedge funds this year.

The family offices were polled by the Institute for Private Investors (IPI) which carries out an annual Family Tracking Performance survey among its members.

To qualify for membership of IPI, an individual or family group is required to have at least $10 million in assets. IPI says that 25% of its members have up to US$50m in assets, 35% have up to US$200m, and 40% have more than US$200m.

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