
Europe’s private markets face the tariff test
René Paulussen, Alternatives Leader at PwC Luxembourg, writes that as geopolitical tensions continue to reshape global trade, tariffs have gained momentum in recent months exerting

René Paulussen, Alternatives Leader at PwC Luxembourg, writes that as geopolitical tensions continue to reshape global trade, tariffs have gained momentum in recent months exerting

A rebound on the global stock markets has failed to entice institutional investors back to equities, with managers favouring private markets and defensive assets.
A survey of private markets professionals released by Wellington Management reveals that the majority are optimistic about their private markets’ allocation.
Clearstream, Deutsche Börse Group’s post-trade services provider, is launching a digital solution designed to transform private market fund processing.

Private market secondaries are growing at speed. Simon Tang, Head of US at Accelex, explores how the volatile macroeconomic environment, including the increased flows in both private and public equities, is supporting increased activity in the secondaries market.
SEI has unveiled research that found private market asset managers identify data replication and fragmentation from multiple fund administrators as a challenge, causing operational inefficiencies, resource drain, and increased costs. Conducted in partnership with Cutter Associates, the survey examined the private market fund administration landscape and the current and target state replication model through feedback from US- and UK-based managers.
IG Prime writes that 70 per cent of hedge funds now invest in private markets. Investor demand for hedge funds to improve their returns has led to more of them to invest in a wider array of alternatives such as private credit, private equity and private real estate as some of the more “traditional” hedge fund strategies have failed to deliver over the last few years.

State Street Corporation has launched its global Private Markets Survey Report, “The New Private Markets Advantage”.

Institutional investors are rotating towards private debt, infrastructure, and diversifying hedge fund strategies as geopolitical and macroeconomic pressures continue to drive selective risk-taking, according to the latest quarterly Manager Intelligence and Market Trends report from bfinance.

The large asset owners survey from Mercer, published last week on Institutional Asset Manager, revealed that institutional investors are increasingly turning to private markets for their asset allocations.