Publicly listed markets are losing out on the most compelling investments, and the trend is set to increase, new research from Wealth Club, a U.K.-based non-advisory investment service for tax-efficient and private market investments shows.
Almost all (97 percent) private markets fund managers questioned agree that increases in companies remaining privately held and a rise in lending outside the traditional banking sector mean many of the most compelling investments are no longer available on publicly listed markets.
Its study with U.K.-based private market fund managers working for organizations managing assets of around £2.365 trillion ($3.2 trillion) across private equity, private credit, infrastructure and real estate found they expect the trend to increase over the next five years.
Almost half (46 percent) expect the switch away from publicly listed markets will increase dramatically, while another 39 percent predict a slight increase over the period.
