INVESTING
Institutional investors expect private markets to outperform public markets over the long term, an Adams Street Partners survey found.
Abrdn agreed to sell its discretionary fund management business to LGT for $169 million.
Faced with uncertainty in markets that could last decades, investors are rethinking their approaches to long-term investment.
TIFF Investment Management CIO Jay Willoughby said his clients are worried about inflation and that he likes Chinese stocks as the country reopens.
Despite a long-term horizon, some institutional investors are increasing their inflation-sensitive assets, Wilshire CIO Josh Emanuel said.
Strategic Investment Group, an OCIO specialist, promoted Nicole Kraus to president, replacing Brian Murdock, who retired last year.
Net inflows to Chinese equity have skyrocketed since November, but long-term investors have yet to reallocate.
Roughly a quarter of institutional asset owners are considering OCIO services over the next 24 months for alternatives and private assets.
Most U.S. insurers expect to increase their risk tolerance and hike their exposure to private assets, a Conning survey found.
Money management consultants predict that a slowdown in globalization will favor regional trading blocs and active management.
