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B. G., Opalesque Geneva:

According to a new survey of General Partners (GPs) and asset managers, economic uncertainty and recessionary fears may be having less of an impact on overall business and alternative investment strategy than last year.

The survey results were published in the "2024 Dynamo Frontline Insight Report: Trends, Challenges and Insights from Global General Partners (GPs)."

The survey also showed a reduction in the effects of financial volatility on planning. One year ago, one in three GPs said economic uncertainty was making forthcoming fundraising activity too hard to project. This dropped by 11 points in this survey.

GPs also appear to sense a rebalancing of power in the GP-LP dynamic following a recession that never materialized and the potential for fund overperformance in 2024. A greater number than last year said they would increase their management fees over the next 12 months. 20% said they expect to raise prices this year. Only 5% planned to do so last year.

Expectations for higher fee income may have influenced the other answers: most GPs said their tech budget would either increase (50%) or stay the same (42%). "Creating efficiencies and optimizing workflows" retained its position as the most important tech implementation fac......................

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