A rally in risk in the waning months of 2023 has pushed super fund returns into strongly positive territory, but some funds don’t want to count their chickens before they hatch.
Artificial intelligence will expand the private equity opportunity set, according to BlackRock, while bargain-hunting real estate investors will soon get the discounts they’re looking for.
With less than two weeks left to go, super funds will likely turn in another robust calendar year return off the back of a stratospheric risk rally.
Russia might yet escalate its war in Ukraine, while a global recession remains an uncomfortable possibility. But alpha generation potential should increase and liquid alts will be “crucial” as growth uncertainty persists.
APAC family offices are pursuing opportunities in the emerging markets and private debt, and performed better in 2022 than their global peer group according to Campden Wealth.
Big investors looking for diversification and new return drivers are diving deep into the private markets to find them. But liquidity is underrated, and Ninety One thinks they should be considering gold and commodities instead.
Super funds and other big institutions are growing concerned about geopolitical upheaval, while the popularity of private assets is making it hard to find and close transactions.
Markets are looking rosy as the end of the year approaches, but the two extremes aren’t being priced in. Meanwhile, the enthusiasm for generative artificial intelligence risks obfuscating who could really win and lose from the boom.
By some measures market breadth has fallen to its lowest levels in more than 20 years as the “Magnificent Seven” reign supreme. Investors should position for a broadening out of equity market leadership.
The use of climate-related investment practices is seeing a sharp fall among the global institutional investor set, while more than half of them are worried about achieving the best returns while delivering emissions reductions targets.
