<em>WHAT HAVE BEEN SOME OF THE MAIN DRIVERS BEHIND INVESTORS’ INCREASED APPETITE FOR ALTERNATIVE ASSETS OVER THE YEARS?
JOANNA MUNRO: “Some people have, of course, been investing in alternative assets for a very long time. I think one reason for why so many have joined them over the recent past has been the search for yield. In the low interest rate environment, the illiquidity premium became a much more important percentage of the total return. I also think it’s partly to do with the recognition that in private markets, there’s an opportunity to identify specific investments and to use the value of research to gain superior returns. There are also parts of the economy that you canThe full article is only available to members
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