Private assets giant Brookfield expects alternative investments to replace public markets in 25 years

[SINGAPORE] Bruce Flatt, the billionaire chief executive officer of Toronto-based Brookfield, is understandably bullish on the prospects of alternative investments. 

The Canadian investment giant has, after all, amassed more than US$1 trillion in assets under management (AUM), and is one of the world’s largest managers of alternative assets, also commonly known as private markets. 

Flatt foresees that, in 25 years, more retail investors would be channelling their funds to private assets, and the asset class would then no longer be billed as “alternative”.