In a recent article in Global Custodian’s predictions series for 2023, Peter Hughes, Founder & CEO of Apex Group shares his predictions for fund services and the alternatives industry in 2023.
Investors to seek out alternatives
Peter Hughes, Founder and CEO of Apex Group comments: “With all expecting that the central banks will raise rates further until inflation shows signs of slowing, the private markets continue to offer attractive returns for institutional investors. Alternative asset classes such as private debt and real assets which have traditionally offered some protection against market volatility and interest rate rises, remain attractive.
In particular, as bank lending tightens, private debt will offer investors more flexible financing and structuring characteristics than the public markets. We have seen a moderate slowdown in the raising and deployment of capital in the private markets in the final quarter of 2022, as many sit on their money in anticipation of a market and asset valuation correction in early stages of 2023.”
This was first published by Global Custodian on December 29, 2022. To read the full article, please visit: https://www.globalcustodian.com/predictions-for-2023-fund-services/
