|
|
B. G., Opalesque Geneva: Eaton Partners, a global capital placement agent and fund advisory firm, surveyed 107 top institutional investors in early April. They found that almost two thirds of investors are making no changes at this time to their private market allocations despite dislocations caused by the coronavirus crisis. Some (15%) are even increasing allocations, while 21% are reducing allocations.
A third of limited partners (LPs) say their greatest focus is on immediate, shorter-term investments and most aren't shying away from any specific geographic areas, regardless of COVID-19 penetration.
Key findings include:
• 43% of investors believe that COVID-19 will disrupt business activity for at least 3-6 months, 22% believe the disruption will last 6-9 months, and only 10% believe disruption will last more than one year.
• More than two thirds of investors (67%) are anticipating a U-shaped recession/recovery scenario.
• There's an increase in confidence in the government's ability to appropriately manage the economic impact of COVID-19, with 80% of respondents now saying they are at least somewhat confident, compared to 61% from the mid-March survey.
• Private equity continues to be the most appealing...................... To view our full article Click here
|
|