Sovereign funds flag challenges of collaborating with family offices

Senior executives from sovereign wealth funds and the family office industry highlighted challenges in investing alongside family offices, citing concerns over unclear risk appetites and a tendency for unpredictable shifts in approach. Rusian Alikhanov, chief executive officer of the $27 billion sovereign wealth fund Azerbaijan Investment Holding (AIH), said the significant problems he encountered included that family offices’ risk appetites were generally unclear; their strategie…