Asia’s wealthy investors turning to private markets as AI stocks look ‘frothy’: Brookfield
Alternatives space offers cheaper entry point to AI infrastructure than public equities, says the global asset manager
Add BT as a preferred source
[SINGAPORE] With public equity valuations in artificial intelligence looking increasingly “frothy”, wealthy investors in Asia seeking exposure to the megatrend should look towards private markets such as infrastructure, where valuations remain far more reasonable, according to global asset manager Brookfield.
Jeremy Hall, managing director and head of international for Brookfield’s private wealth group, told The Business Times that investors in Asia are becoming more selective as stock market valuations climb.
“We think investors are underallocated to private markets,” he noted.
TRENDING NOW
Asia-Pacific aviation: is up really the only way?
Russia’s ‘pivot to Asia’ takes a turn as it prioritises ties with isolated regimes over bigger economies
Why disciplined stewardship matters when managing wealth in uncertain markets
More than 15,000 sign up for national accounting body’s AI programme in two months
