With inflation being the biggest concern amongst wealth managers (WMs), they are seeking to diversify their portfolios, according to Mercer’s 2022 Global Wealth Management Survey.
Inflation was the biggest concern for WMs globally (57 percent), with 50 percent expecting investment returns to be lower in the next two years.
As a result of this, WMs globally were seeking diversification through alternative and other illiquid assets.
The push into illiqu...
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