Private markets: the magic bullet. Protected from the swings and plunges of volatile public markets; reliable returns; often resilient to inflation. Little surprise that the world’s most powerful institutions have poured so much capital in this direction. But have they poured more than those markets can absorb?
The latest version of Invesco’s annual global sovereign asset management study is the 10th, and Invesco has used the opportunity to look back through the last decade and draw out some themes.
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