Paul Mackintosh

2 months ago | asiaasset.com | Paul Mackintosh

Leading global private markets secondaries house Coller Capital has just opened a new office in Singapore to complement its existing Asia Pacific presence in Hong Kong, Beijing, Seoul and Melbourne. According to Peter Kim, partner and head of Asia at Coller Capital. Southeast Asia “presents significant opportunities for our business” with growing appetite for secondaries from institutional limited partners and private wealth investors.

Jan 21, 2025 | asiaasset.com | Paul Mackintosh

How does the year look behind the rhetoric, policy hiccups, and general geopolitical uncertainty? “Divergent and uncertain”, according to the International Monetary Fund. The IMF’s World Economic Outlook update forecasts the global economy to grow 3.3% this year and next, while average global inflation is predicted to drop from 4.2% in 2025 to 3.5% in 2026, with developed nations in the lead. The US economy, the world’s largest, is expected to grow 2.7% in 2025 before moderating in 2026.

Jan 19, 2025 | asiaasset.com | Paul Mackintosh

Apollo Global Management is shelling out some US$6 billion to acquire New York-headquartered Argo Infrastructure Partners. The move comes after several other infrastructure plays last year, including BlackRock’s acquisition of Global Infrastructure Partners (GIP), and Brookfield Asset Management’s plan for a $1 billion infrastructure structured solutions fund.

Jan 14, 2025 | asiaasset.com | Paul Mackintosh

Simplistic interpretations of political events to the effect that the ultra-rich are gaming and twisting the political system should perhaps take into account the challenges that wealthy investors are facing from geopolitical tensions. That’s the interpretation from many private wealth management professionals going into 2025. Much of the attention is focused on likely US policy with Donald Trump’s return to the White House.

Jan 12, 2025 | asiaasset.com | Paul Mackintosh

Private markets may be the answer for those looking for a safety net this year in case the bull run in the US market ends. As the Financial Times noted in a recent report citing index provider MSCI, US stocks now account for around 70% of market capitalisation of developed market equities, up from around 30% in the 1980s. That would be a worrying disproportion at any time, and especially so at a time of volatility and geopolitical instability.