Alternative assets under management
By asset class, 2010-2028F
What is this chart showing?
- Global alternative assets under management (AUM) have grown at an annualized growth rate of 11% from 2010 to 2023 with AUM of roughly $19 trillion in 2023.
Why is it important?
- Private equity and hedge funds are the largest of the alternative asset classes, with private equity expected to increase its share of the global alternative AUM total from 28% in 2023 to 35% by 2028.
- Asset growth is expected to decelerate to 8.4% (2022 – 2028 annualized growth) from 12.3% from 2016 through 2022, somewhat due to the law of large numbers. However, despite this deceleration, asset growth is stable without signs of widespread distress.
- Importantly, the “dry powder”, or capital committed by investors that is yet to be invested, is still expected to increase and reach roughly $5 trillion by 2028.
Source: iCapital, Preqin, Future of Alternatives 2028, October 17, 2023. Forecasted figures provided by Preqin. For illustrative purposes only. This is not intended to be an offer or solicitation to employ a specific investment strategy. Past performance is not indicative of future results. Future results are not guaranteed.