Are private markets a route to higher returns?

The latest bout of turmoil in global markets has sent fund managers scurrying to reassess their risks, not least in US banking shares. But one strategy seems likely to survive the stock take, just as it has the ups and downs of the past three years: the drive to private markets. If you believe the hype surrounding private assets, the old model of managing your money via a long-only fund run by a stock picking manager is “out” and everything private is in. READ MORE