ASIC sees danger in ‘opaque’ private markets

by

Ed.

From nationalseniors.com.au: ASIC has raised concerns about the increasing investment in opaque private markets, which now hold around $150 billion in assets, compared to over $5 trillion in public markets.

Risks associated with private markets include the lack of transparency regarding fees and performance, as well as difficulties for investors in accessing their funds during downturns.

Filed under: ASIC, Superannuation