Benchmarks necessary as private market assets seek retail participation: MSCI private assets chief

[SINGAPORE] Retail participation in private market assets is now a reality, with the US opening parts of the asset class to retail investors – and Singapore may not be far behind, with the Monetary Authority of Singapore’s recent consultation on a proposed regulatory framework.

With retail participation, the bar is raised for transparency and analytics in a segment of the market long known for its opacity.

“When you come into retail, there’s a much higher fiduciary obligation of suitability,” Luke Flemmer, head of private assets at MSCI, told The Business Times.