Asset managers on the continent that develop private asset products can expect to see “significant business” within the next five years, a report from Cerulli Associates has suggested. According to European Alternative Investments 2023: Helping Investors Diversify, while institutional investors remain the region’s major allocators to private assets, “a latent market” for high-net-worth and ultra-high-net-worth…
It has been accused of failing to act on ‘blatant fraud and corruption’
The 11 CEE counties have a combined GDP of €1.3trn and faster growth than western Europe
He previously worked at Edmond de Rothschild and Goldman Sachs Asset Management
They present a broader opportunity set by tapping into structural trends at the forefront of economic and sustainable change
Private credit offering rumoured to be first of its kind in the region
But that hasn’t stopped investors from splashing the cash
Last year’s records have been ‘smashed’
But critics argue that it means losing an opportunity to influence change
A number of pension fund managers have complained that the illiquidity premium no longer exists
Especially as negative interest rates bite
As it would allow firms to benefit from more diverse funding sources
