These partnerships are helping to drive the growth of the DC market, which is expected to rise to about £1 trillion by 2030 (according to PLSA). The largest of these plans is estimated to be committing to between 10%-30% in private/semi liquid market strategies. NEST, the largest DC master trust in the UK has stated they are ramping to a 30% allocation to private markets.
Next week we’ll discuss how individual managers in the UK are dealing with private capital allocations, what structures meet their unique sensitivities and requirements, and how those investors view the outlook for the asset class and the top managers with whom they invest…
▶︎ Read July 29th, 2024 Newsletter: here