“Wanting their cake and eating it”: UOB PB, J.P. Morgan AM unpack client alts misconceptions

Rapidly growing private wealth allocations to alternatives are exposing significant gaps in client understanding, from misinterpreting internal rates of return to expecting hedge funds to deliver equity-like upside with zero downside. James Burdis, J.P. Morgan AM Panellists at Asian Private Banker’s Alternatives Selection Nexus 2026 warned that while democratisation has brought private credit and equity to a broader investor base,…

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