Private markets allocation boom may be 'overblown'

RBC BlueBay research suggests

International wholesale investors do not anticipate considerably increasing their allocation to private markets from current levels, despite the global economic headwinds that have battered public markets this year.

According to a survey by RBC BlueBay Asset Management across 800 fund buyers, wealth managers and consultants, investors do not expect to increase their current 22% allocation to private markets over the next three to five years.  This is despite just over half of respondents said they expect public markets to outperform private markets over the next five to ten years. European fund selectors shift towards private markets According to 46% of respondents, market volatility has not affected the investment case for public equities and fixed income. The respondents' top three object...