Quarterly insights into private markets

In 2023, persistent high inflation, volatility across the global banking sector, and continued geopolitical conflicts remain key themes for many investors. Against this backdrop, public equities have performed surprisingly well, with the MSCI World Index in positive territory year-to-date. Markets are finally seeing signs of disinflation with the pricing weakness across the commodity complex, more visibility to peak rates, and contagion from recent bank failures seemingly under control.