More institutional investors shifting to private assets: BlackRock survey

Singapore

MORE institutional investors are shifting risks from public to private markets amid concerns of the economic cycle taking a downturn, asset manager BlackRock found in a survey of 230 of its largest institutional clients representing over US$7 trillion in combined assets.

Of the respondents, 51 per cent intend to decrease their allocation to public equities in 2019, compared to 35 per cent planning such a decrease in 2018, and 29 per cent in 2017.