Year of the Rat reflections: The US election and private equity valuations

At the beginning of every Chinese New Year, AsianInvestor makes 10 predictions about economic, political and financial developments that are likely to have an impact on the way institutional investors allocate their funds. And then, one year later, we revisit these forecasts to see how well we did. Our first and second Year of the Rat forecasts focused on the US presidential election, and considered whether US private equity could reach worrying valuations.  Will Donald Trump be…