Family office investment trends are changing: private equity and cryptocurrency are becoming new favorites, while stocks are "cooling down".

The "2025 Single Family Office Investment Insights" report released by New York Mellon Wealth reveals that family offices are seeking private equity investments and are looking to increase their exposure to digital assets, while reducing their dependence on stocks in their investment portfolios. The report shows that two-thirds of family offices managing assets over $1 billion plan to increase their allocation to private equity funds this year, a nearly 70% increase from 2024. At the same time, publicly listed stocks make up about 19% of the investable assets for these family offices, a 28% decrease from the previous year. The report, conducted in early 2025, also found a shift in attitudes towards cryptocurrency. 74% of surveyed investors stated that following the launch of the first Bitcoin ETF and Donald Trump accepting and supporting cryptocurrency during his election campaign, they have already or are exploring investing in digital assets. Sinead Colton Grant, Chief Investment Officer at New York Mellon Wealth, stated: "Regulatory clarity is key - I think this helps with the allocation (to cryptocurrencies)." The report shows that investors are concerned about geopolitical risks and inflation, with US companies particularly worried about rising prices. In this context, over 60% of companies managing assets over $1 billion stated that they are considering increasing their investments in real estate this year. The report also found that artificial intelligence is expected to be a key investment theme in the coming years, which is not surprising. The survey included investment professionals from 282 family offices globally, managing assets ranging from $250 million to over $5 billion.