I read a prediction in one of those crystal-ball gazing missives that financial firms like to put out at the start of every year. It forecast that there will be continued blurring between hedge funds and private equity. I must admit I baulk at such an idea and find myself asking whether the convergence of liquid and illiquid alternatives is a desirable end and, if so, whose interests might best be served by an erosion of the distinction.
I read a prediction in one of those crystal-ball gazing missives that financial firms like to put out at the start of every year. It forecast that there will be continued blurring between hedge funds and private equity. I must admit I baulk at such an idea and find myself asking whether the convergence of liquid and illiquid alternatives is a desirable end and, if so, whose interests might best be served by an erosion of the distinction.
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PGIM’s Stephen Oxley asks whether the convergence of liquid and illiquid alternatives really is in the best interests of investors?
I read a prediction in one of those crystal-ball gazing missives that financial firms like to put out at the start of every year. It forecast that there will be continued blurring between hedge funds and private equity. I must admit I baulk at such an idea and find myself asking whether the convergence of liquid and illiquid alternatives is a desirable end and, if so, whose interests might best be served by an erosion of the distinction.
I read a prediction in one of those crystal-ball gazing missives that financial firms like to put out at the start of every year. It forecast that there will be continued blurring between hedge funds and private equity. I must admit I baulk at such an idea and find myself asking whether the convergence of liquid and illiquid alternatives is a desirable end and, if so, whose interests might best be served by an erosion of the distinction.
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