The democratisation of private markets is giving family offices and wealthy investors enhanced access, but experts warn that liquidity risks remain easy to underestimate.
Investors want returns beyond Bitcoin’s price gains, but appetite outpaces deployment. Custody, liquidity and the source of yield remain central to the investment decision.
Major institutional investors and family offices are increasing their liquidity allocations and pulling back from private debt, moving away from pure yield-chasing as inflation and geopolitical risks put them on the defensive.
As central banks resume tightening, James Durance touts 'career-high' yields and daily liquidity to family offices, while warning that a flood of AI-driven debt could trigger a market event.
Family offices are piling into liquid hedge funds for downside protection and venturing deep into the AI supply chain for growth, says Pictet’s top fund selector for Asia.
Brookfield and Aberdeen are expanding their residential portfolios in Japan, betting on ongoing urbanisation to drive long-term value for foreign capital.