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This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material. This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor. This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document.
Global investors holding $70 trillion in wealth are the biggest underserved candidates for private alternative assets. At a glance: -> Many wealthy investors want to increase their holdings of private alternative assets, with between $8 trillion and $12 trillion in household funds available for such assets. private equity firms and asset and wealth managers are eager to expand their business with individuals. -> For this market to thrive, the current model must evolve into a robust digital system that can efficiently support individual investors at scale. -> Five business archetypes are emerging to overcome the current barriers of high administrative costs, illiquidity, a difficult collateral process for lending, and high minimum investment size. -> The largest wealth and asset managers will likely catalyze developments and can seize a first-mover advantage. Other firms can thrive as challengers or fast followers. Find out more in the Bain & Company research note attached. Grégory Garnier Sound: Bain & Company
5 of 6 private market fund categories (tracked by @Burgiss) registered negative net commitments in 3Q22 (investors had to put more money in than came back as returns); buyout funds w/ largest gap at -$7.7B, most since 2Q20. Source: Bloomberg, Liz Ann Sonders
Samsung reported better than expected revenue, signaling tech earnings may not be as bad as some feared about weakening demand and a rise in material costs. Investors are slowly shifting toward the view that the economic slow down may not be as painful as thoughts a few weeks earlier and there are increasing signs that inflation should ease in the medium term.
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