Private market investment was a hot topic at the WEF 2020 in Davos. Rich Nuzum, Mercer’s President of Wealth, discusses why private markets can offer an attractive alternative to stocks and bonds in an exclusive interview with Business Insider.
“Publicly traded equities have lower expected returns on a go-forward basis than they’ve had historically. We’re seeing good valuations on a relative basis in private market asset classes: private equity and debt, real estate, and infrastructure … relative to public markets.” Nuzum says.
In addition to more attractive valuations, Nuzum says that private markets also offer a unique opportunity to take advantage of disruptive and emerging trends.
So are private markets as overvalued as public? Read the full article to find out.