Weighing the cost of private equity’s appeal

Ask asset owners across Asia Pacific how they are investing, and the conversation inevitably turns to alternatives. The desire of pension funds, insurers and others to ensure a minimum level of return amid volatile equity markets and low-yielding bonds has led many to eye less liquid asset classes. Real estate investments remain a staple favourite, but increasingly private equity funds have become a priority. An analysis by the Oxford Said Business School based on the Burgiss da…