
Rachel Reeves wants more pension schemes to invest in UK private assets. Can she succeed?
On the one hand, jumping on the private markets bandwagon may seem a sound investment decision. Private equity and private credit can both offer higher returns. As a result, the asset class has grown exponentially in the past decade. Consultants at Bain and Company predicted last year that private market assets under management would increase at more than twice the rate of public assets to reach as much as $65tn by 2032. There is also an increasingly large number of vehicles to give investors acce...