How to access obscure corners of the investment universe

ALTERNATIVES

David Boyle, manager on the Aberdeen Private Equity fund, on why investors should take note of this esoteric asset class.

In Sydney, Australia a 75 year old woman smiles as her three children sing Happy Birthday to her. Nothing unusual about that, except that one of them is celebrating with her while sat in his living room in London using his laptop and an internet connection.  Since 2004, “voice over IP” companies have been developing and delivering new voice communication and multimedia technology which is now a mainstay in homes and offices. One of the largest providers, Skype, has over 600 million customers worldwide and has been one of the most talked about private equity stories of the decade followin...