Retailisation of private markets: Unlocking the discretionary space will be a 'game changer'

IW Alternatives Summit

Valeria Martinez
clock • 6 min read

The development of private markets fund structures suitable for discretionary mandates will be a “game changer” in the process of opening up the space to retail investors, experts told delegates at Investment Week's debut Alternatives Summit.

Individual investors hold roughly 50% of the estimated $275trn to $295trn of global assets under management. Yet those same investors represent just 16% of AUM held by alternative investment funds, according to Bain & Co.  Andrew Summers, head of alternative investments at Investec Wealth & Investment, said that not investing in the private markets means missing out on diversification benefits, given that 87% of companies in the US with over $100m in revenue are privately owned.  "The private markets world is so much more inefficient and the levers of value-add and the ability to cont...

To continue reading this article...

Join Investment Week for free

  • 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

Join now


Already an Investment Week