In the AI-led markets of recent years, companies with distant profit potential have been favored. But higher interest rates could change the equation and create a new advantage for value stocks, whose businesses tend to have more visible cash flows in the shorter term.
Investors continue to raise their private markets allocations, and the evidence suggests good reasons for doing so. Headlines have focused on slower exits and on private equity trailing the largest public indices, yet a closer look at the data points to a more constructive picture.
At UBS’s Unified Global Alternatives (UGA), we cater to growing client demand for multi-alternative solutions. So what are these solutions, and why are they becoming increasingly prominent in client portfolios?