The dash for trash and the remarkable uptick in cyclical equities - banks and resource stocks featuring prominently - has improved sentiment in nearly all risky assets.
Now that pricing has moved away from a bet on Armageddon to a bet on putative recovery, everyone seems to be wagering that some form of health and vigour will be returning even to the most badly burnt bits of the investment universe, notably commercial real estate and private equity. One very relevant example of this comes in the form of the excellent Listed Private Equity Focus report produced by analysts Mark James and Louisa Symington Mills for RBS. The LPE report contains a fascinating market snapshot from Cogent Partners on the all-important secondary market in private equity and...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
