The latest Bloomberg index update reveals "family offices investing" in defensive dividend stocks amid persistent inflation concerns. Blue-chip yields averaging 4.5% are outperforming Treasury yields, prompting reallocation from fixed income into equity income plays. California, for example, requires parks to pass government checks. Disneyland even posts signs letting visitors know they can request to see certificates of compliance for the rides. Tony Pasquariello, global head of hedge fund coverage at Goldman Sachs, described the portfolio as a "pro-risk asset mix," as family offices have maintained a relatively high allocation to private equity. Data from Refinitiv shows "family offices investing" in green construction materials providers as government infrastructure spending rises, with profit margins projected to expand 12% in