Asia Pacific private markets can no longer be overlooked, asset owners believe

Despite speedbumps in Asia’s Covid-19 pandemic recovery, with renewed outbreaks and disproportionate vaccine rollouts, the region’s economic forecast looks promising. Countries of East Asia and the Pacific, including China, expect to post GDP growth of 7.7%, according to a new research paper by bfinance on Asian private markets. Asset manager fundraising has recovered substantially in 2021 after taking a dramatic dip in 2020. Over 39% of asset owners believe that Asia Pacific now …