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Global active managers took advantage of a conducive market in the first half of the 2022/23 year, but the second half saw limited excess returns, with the median manager outperforming MSCI ACWI by 1.2% for the full year.
Global active managers took advantage of a conducive market in the first half of the 2022/23 year, but the second half saw limited excess returns, with the median manager outperforming MSCI ACWI by 1.2% for the full year.
Access to private markets has traditionally been limited, despite their potential benefits, such as illiquidity premia. This paper explores how…
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