- European Alternatives Industry Approaches €1.50tn
European Alternatives Industry Approaches €1.50tn
Thursday 14 June 2018
Preqin and Amundi launch the most comprehensive analysis ever undertaken of the alternative assets markets in Europe.
Preqin and Amundi launch the most comprehensive analysis ever undertaken of the alternative assets markets in Europe. Based on industry-leading data collected by Preqin since 2003, this report gives a comprehensive view of the world’s second most significant region, after North America, for the alternative investments industry.
The alternative assets industry in Europe keeps growing; and this dynamic growth has been, mainly, driven by strong inflows of capital. The total assets under management for the alternative assets industry in Europe reached a record €1.48tn at end of September 2017.
Europe has a rich and evolving alternative assets ecosystem, with over 5,700 fund management firms and 2,800 institutional investors overseeing investments across private equity, private debt, real estate, infrastructure, natural resources (collectively termed ‘private capital’) and hedge funds.
“It is no longer just European banks and governments that are providing funding for the real economy: insurance companies and pension schemes are also playing their part. The popularity of alternative investments among pension schemes and insurance companies is well understood: the unconventional monetary policies developed in response to the Global Financial Crisis had a significant impact on all asset classes. Real assets are appealing to long-term investors for three reasons: they allow such investors to capture an illiquidity premium; they enhance income through a source of predictable returns; and they create diversification, as they have low correlation to traditional asset classes.”
Pedro Antonio Arias, Global Head of Real and Alternative Assets, Amundi
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"We expect further volatility and possible additional down moves led by the growth part of the market and possible pressure on the high yield side as well. But it is not going to be a market capitulation."