It is always interesting to see how large family offices are constructing their portfolio. Goldman Sachs shed some light in their Family Office Report: Large family offices continue to hold steady allocations to alternatives (44% of total portfolio vs 45% 2Y ago). Alternative investments are dominated by Private Equity (Buyout 11%, Growth 8%, Venture Capital…

Equities have rebounded this year, with the S&P 500 enjoying a 17% rally in the first half of the year. Yet, 🔸the construction of the S&P 500 index is hiding a huge divergence in individual stock and sector performance. The rally led by tech, ex-Big 4/5, now Magnificent 7 (Microsoft, Nvidia, Google, Apple, Meta, Amazon,…

Equities have rebounded this year, with the S&P 500 enjoying a 17% rally in the first half of the year. Yet, 🔸 The construction of the S&P 500 index is hiding a huge divergence in individual stock and sector performance. The rally led by tech, ex-Big 4/5, now Magnificent 7 (Microsoft, Nvidia, Google, Apple, Meta,…

Private Market Expected Returns: Following a decade of robust growth, experts are anticipating market returns to be lower. Still, major asset classes are expected to provide significant returns over risk-free rate: – expected returns to decline from 15.6% (last 5 years) to 11.9% p.a. due to slower growth, margin compression and limited space for multiple…

Private Market Expected Returns: Following a decade of robust growth, experts are anticipating market returns to be lower. Still, major asset classes are expected to provide significant returns over risk-free rate: Source: KKR Insights / #alternativeInvestments #AssetAllocation