One of south Wales’ fastest-growing fintech companies has launched its first research report. Cardiff-based company Delio analysed the attitudes of Wealth Managers across the globe to get a more in-depth insight into private markets within the industry.
Although High Net Worth investor’s interest in private markets is not a new phenomenon, the company noticed a change in conversation. While five years ago, many shied away from tapping into private markets, the company argues that industry changes have enabled Wealth Managers to embrace private markets.
Now, Wealth Managers increasingly understand the role private markets play in attracting and retaining clients. Of the Wealth Managers surveyed, 77% believe the number of private market propositions will grow in the next three to five years.