More selectivity in a late-stage environment.
Our main conclusion from the conference was that investors around the world are increasingly interested in uncorrelated and more liquid alternative strategies.
Asset allocators show a growing but more selective interest within fixed income strategies with focus on structured opportunities with shorter duration and floatingbased assets. The general sentiment around the health of the economy and the cycle was modestly positive.
One month ago, markets finally took note of COVID-19 and its critical impact on the global economy. Our Healthcare Investment Team recently published a “Thoughts from the street” piece that provides more details about SARSCoV- 2 treatment developments.
Recent developments suggest that the spread of the virus might continue around the world before we see some positive newsflow resulting from quarantine measures put in place.