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What is your investment approach in the private assets market?

Journalist: Ima Jackson-Obot, FTAdviser

ended 16. February 2024

Hello advisers,

An increasing number of managers are launching forays into these asset classes for the first time.

The search for diversification amid what has been a tough market has also been driving this.

The FCA is now turning its focus to private assets; looking to conduct a review of the disciplines and governance around private market valuations. 

So, does the changing regulatory outlook make it more likely you will increase/decrease exposure to private assets over the next year?

Thanks

Ima

2 responses from the Newspage community

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Editor
Wes Wilkes
CEO at IronMarket Wealth
This is really where regulatory intervention actually helps. assesing the current state of private asset, valuations in particular, should ecourage stronger product and vehicle development and make the asset class more convenient to allocate to.
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Philip Dragoumis
Director and Owner at Thera Wealth Management
For us, private assets should only be really considered (and then for a small allocation) if clients have net investable assets of above £10m pounds. We are also wary of and tend to avoid VCT and EIS products due to their lack of global diversification as they are predominantly UK based and their valuations are not always transparent or realistic. It seems the wealth market agrees with us, as the take up this year of these products is lower than anticipated.