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Laxman Pai, Opalesque Asia: Over the next three years, 40% of institutional investors around the world plan to increase allocations to private debt, said a study.
According to the report by Coalition Greenwich, traditional long-only managers building up private markets capabilities should find room to compete with private markets specialists for the flood of institutional money now moving into private equity and credit, infrastructure, and real estate.
"More than a third expect to boost private equity allocations, and about 30% plan to expand allocations to private infrastructure equity," said the report, titled "Top Trends in Asset Management for 2024."
Coalition Greenwich analysis shows that when it comes to private investments, institutional investors do not necessarily have a strong preference for specialist firms.
Volatile markets, a boom in private assets, and a continuing long-term decline in profit margins are just some of the challenges facing asset managers in markets around the world, it said. Baked into all these issues is technology innovation that is unfolding at breakneck speed, creating both opportunities and potential pitfalls for managers, the report added.
Meanwhile, asset managers in 2024 will move from experimenting with exciting new AI applications to rolling out use cases that deliver real value to their clients and their own businesses.
Asset managers looking to generate strong returns on their AI investments in 2024 and be...................... To view our full article Click here
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