Capital Group CEO sees mid-sized asset managers getting ‘hollowed out’
Capital Group CEO Mike Gitlin expects smaller boutique firms to survive on satellite allocations and larger firms taking more market share of investors’ core exposure.
Private Markets
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Schroders: private markets have rarely been more relevant
Structurally, private investments are less exposed to the sentiment swings of public indices, says Schroders Capital CIO Nils Rode.
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Pantheon launches infrastructure secondaries fund
The Pantheon Global Infrastructure Secondaries fund will be domiciled in Luxembourg.
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EQT reaches the final close of Apac private equity fund
The BPEA Private Equity Fund IX has received $15.6bn in total commitments, says EQT.
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Schroders CEO voices concerns over alignment in private credit
Schroders chief executive Richard Oldfield says he is seeing a shift to an originate to distribute model in private credit.
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MSCI buys a specialist private markets data and analytics firm
PM Insights provides valuation and other data for private companies representing $5.5trn in equity market value.
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Morgan Stanley’s Au-Yeung: Asian family offices still favour alternatives
But recent fears about private credit could lead firms to be more thoughtful about investor targeting and liquidity offers.
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Morningstar: Private credit flows yet to show signs of trouble
Steady growth continues despite concerns.
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MSCI launches daily private markets indexes
The two indices aim to close the visibility gap by providing daily signals to make more timely investment decisions.
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StashAway launches alts products for wealthy individuals
The two new portfolios, Unicorn Top 20 and Multi-Strategy Hedge fund, provide access to institutional-grade products to high-net-worth investors.
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IFS Capital unveils a digital loan platform in HK
Lendingpot connects borrowers with licensed moneylenders.
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Schroders Capital recruits Asia head of business development
Sabrina Meng will join the Schroders’ private markets specialist business in March.
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CMBI and MA Financial launch a jointly managed Apac credit opportunities fund
The MA CMBI APAC Credit Opportunities fund will focus on committing capital to performing credit investments in Asia Pacific.
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Infrequent pricing hides true volatility of private assets: Morningstar report
Investors should “acknowledge private assets aren’t magically less volatile” and set realistic risk expectations, Morningstar suggests.
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Apac investors have the strongest conviction in private markets
Enthusiasm for the illiquidity premium is highest globally, according to an Aviva Investors survey.
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Alquity expands into private markets with fund launch
It has also appointed two new boutique managers to run its US micro-cap, small-cap and world growth funds
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EQT buys Coller Capital to enter alt secondaries market
EQT will pay up to $3.7bn for the private market secondaries specialist.