By Wolfdieter SCHNEE, Head of Fund Client Investment Services, Member of the Executive Management VP Fund Solutions AG
The macroeconomic environment in 2022 was volatile: inflation, interest rates, high volatility and Russia’s invasion of Ukraine unbalanced the markets. Nevertheless, valuation changes in alternative investments were much weaker than in traditional investments.
In view of these developments, it can be assumed that alternative investments, and there especially more illiquid asset classes, could also come under pressure.
The next few years will therefore be more difficult, as the benign macro environment that has prevailed for most of the past decade may no longer be the case. Below, we therefore take a...
|