Key facts
- An investor claims they were not informed about a remediation scheme linked to a subprime mortgage lender.
- Barclays Private Bank and Wealth Management published a report on private markets.
- The report surveyed over 550 wealthy individuals and 150 General Partners globally.
- Private markets are increasingly integrated into high-net-worth investor strategies.
- Investors are demonstrating greater sophistication by scrutinizing opportunities and seeking liquidity flexibility.
- An estimated $83.5 trillion is expected to be transferred to younger generations by 2048.
An investor has alleged they were kept uninformed about a remediation scheme connected to a subprime mortgage lender, highlighting potential issues with transparency in private market dealings. This situation arises as Barclays Private Bank and Wealth Management releases its latest report, 'Mind the gap: How private markets can align to the evolving needs of private investors'.
The Barclays report, developed with research agency Savanta, surveyed over 550 wealthy individuals globally and nearly 150 General Partners. It indicates that private markets are no longer a niche asset class but are becoming a more common component of high-net-worth investor strategies. The findings suggest a shift in investor behavior, with individuals showing increased sophistication by scrutinizing opportunities more closely, favoring established managers, and exploring structures that offer both performance potential and liquidity flexibility.
A significant driver for this trend is the anticipated 'Great Wealth Transfer,' with an estimated $83.5 trillion expected to be passed to younger generations by 2048. This unprecedented transfer of intergenerational wealth is reshaping the private wealth landscape, with 81% of investors stating that a key priority for investing in private markets is to support a legacy and achieve intergenerational wealth planning objectives.