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Indian family offices to increase exposure to alternatives, study shows

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Indian family offices are expected to increase their exposure to alternative assets over the next three years, with allocations potentially rising by around five percentage points, according to a report by asset management firm Sundaram Alternates. The move towards alternative assets reflects a broader global trend, and is driven by a desire for diversification, active participation in India's growth story, and investment in startups and innovative ideas. Additionally, the report suggests that family offices may increase their assets under management by 14% per year over the next three years. However, attracting and retaining talent remains a major challenge for Indian family offices.