EQUITY and fixed-income markets are in turmoil but the headwinds are not expected to dent the growth of Blackstone's Private Wealth Solutions (PWS), which helps high net worth individuals (HNWIs) to invest in private markets including private equity, real estate and debt.
Joan Solotar, the firm's global PWS head, says adoption of alternative assets among HNWIs has grown dramatically over the past 3 to 5 years. "The biggest changes over the past few years have been in innovation around product and more awareness and education, particularly on the need for income and inflation protection.
"If you think about the environment in 2022, I believe when we look back later, we'll say there was yet another...
Keyword added to your list