As it is becoming easier for high-net-worth investors to invest in alternative assets and private assets, those asset classes are increasing in allocation focus in high-net-worth portfolios, writes Elisa Battaglia Trovato in a recent article for Private Wealth Management (PWM).
Semi-liquid investment opportunities in alternative and private assets are now more abundant for investors, allowing them to enter markets that previously were mainly targeting capital from institutional investors.
In PWM’s ninth annual Global Asset Tracker (GAT) survey, conducted between January and February 2024, which surveyed CIOs and heads of asset allocation at 54 major private banks managing a combined $22 trillion of client assets, three-quarters of respondents said they believe that alternatives enhance risk-adjusted returns in multi-asset portfolios and expect such assets to generate greater risk-adjusted returns than bonds over the long terms.
Yet m