Average private markets allocations by global institutional investors have risen to 12.5 percent of overall portfolios, according to the latest annual Private Markets Study by Aviva Investors.
This figure is the highest recorded by the study, which is now in its eighth year and surveyed 500 global institutional investors from across the United Kingdom and Europe, North America, and Asia Pacific, representing $6.5 trillion of assets under management.
Of the three regions surveyed, North American institutional investors had the highest average allocation to private markets, with 14.4 percent of overall portfolios invested in such strategies. This compares with 12.1 percent in Europe and 11.9 percent in Asia Pacific. North American investors also represented the largest year-on-year increase in allocations to private markets across the three regions, rising nearly 2 percent versus last year (12.5 percent).
This year’s study also found 88 percent of globa
