Wealth and Asset Management
Julius Baer CIO tells rich to brace for private market 'hangover phase'
Clients should be wary of the craze for private markets because the "hangover phase" facing a sector pumped up by low rates and high fees will leave it lagging the returns of public equities, the CIO at Swiss private bank Julius Baer (BAER.S), opens new tab said. Investors have poured…
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Click here to read the full story: Reuters