The AUM of the largest asset owners reached a record high in 2023, jumping 12.3% from 2022, according to WTW’s Thinking Ahead Institute.
With a variety of ‘new revenue opportunities,’ sports–teams, leagues, stadiums, broadcasting rights and more–are attracting the attention of institutional investors.
Heightened regulation of riskier assets is a key reason family offices feel better about taking on risk, while allocations to infrastructure are also expected to increase, per a survey from Ocorian.