By J.P. Dahdah, Founder & CEO of Vantage
A fantastic article about the growing interest in Global Alternative Assets
Part 1 of 2
A recently published report by Pricewaterhouse Coopers titled ‘Alternative Asset Management in 2020: Fast Forward to Center Stage’, predicts global alternative assets will increase to $15.3 trillion by 2020. In the lead up to the boom, the global alternative asset management industry is expected to experience a period of transformation as players calibrate their business and operations and make technology a top investment priority, the report says.
According to the report, the rapid developments in the global economic environment have pushed asset management to the forefront of social economic change. As a result, the need for sustainable long-term investment returns has propelled the alternative asset classes to center stage.
The principal focus for many firms will shift to creating a broader asset class and product mix and accessing new distribution channels. Read more here…