February 03, 2023
Looking Beyond ‘23
Our framework identifies three primary portfolio implications for navigating a new market environment:
1. Balanced Asset Allocation: Balanced asset allocation will be critical. The era of simple stock/ bond diversification is likely over.
2. Higher Real Assets Correlation: Commodity demand, US dollar weakness, and pressure on long-duration sectors will shift investor focus toward emerging markets and other market segments with higher real asset correlation.
3. Strong Governance & Risk Management: More inflation and geopolitical volatility will put a premium on a dynamic approach to risk management and strong governance norms.
Kelly Barofsky, a Director in GEM’s Investment Research Group, spoke with the WSJ Pro Private Equity about the uptick in debut fund pitches that the firm has observed over the past year and what investors continue to look for from managers before committing capital.
Sal Del Giudice, a Director in GEM’s Investment Research Group, sat down with MOI Global’s John Mihaljevic to discuss key strategies fund managers can employ to attract institutional capital and the attributes that distinguish great investors from good ones.
Let’s start a conversation about how we can help.