Did you know?
Did you know?
The year has seen significant volatility in public markets, and clients have noticed. As of June, there have already been 14 S&P 500 daily declines of more than 1.5%—surpassing the total number of such days in all of 2024. [ 2 ]
What are clients most focused on in the current market environment?
Did you know?
Did you know?
Surveyed advisors agree that private assets offer important diversification benefits. [ 3 ] Real assets like real estate and infrastructure have low correlation to public markets. [ 4 ] Private credit complements public fixed income by providing higher income and reducing duration risk. [ 5 ] Private equity returns are typically driven by revenue growth rather than multiple expansion, which we believe provides greater reliability across market environments.
How important do you believe private market investments are for a well-diversified portfolio?
Did you know?
Did you know?
Private markets can serve as a strategic core allocation for individual investors, offering diversification from public markets while supporting long-term goals like capital appreciation or income generation. [ 6 ]
How do you plan to adjust portfolios in the current market environment?
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Did you know?
Most clients show interest when first introduced to private markets, drawn by potential benefits such as diversification, [ 7 ] access to alternative return drivers, and reduced exposure to public market volatility.
How do clients typically respond when you introduce private markets for the first time?
Based on surveys of financial professionals across the U.S., EMEA, and APAC participating in Blackstone programming over the period April-June 2025. Average number of respondents per question: 160. Any views or opinions expressed herein reflect solely the views of the advisors who were surveyed in connection with this survey and/or Blackstone, and such views or opinions are subject to change without notice and may differ from opinions expressed by others. Blackstone has not independently verified the information received from the advisors surveyed and no representation is made as to the accuracy of such information. Any projections, expectations or other forward-looking statements set forth herein are based on assumptions that are uncertain and are subject to many factors, changing market conditions and general economic conditions, and may vary materially from the themes set forth herein. Nothing herein constitutes investment advice or recommendations and this page should not be relied upon as a basis for making an investment decision.
Bloomberg, as of June 2, 2025. Measures percent change in price over the last day, calculated as: [(Last Trade – Closing Price One Day Ago) / Closing Price One Day Ago] * 100. There is no guarantee that these trends will continue or will not reverse.
Diversification does not assure a profit or protect against losses in a declining market.
Morningstar Direct, NCREIF, Cambridge Associates, 20-year period ending December 31, 2024. Represents Blackstone’s view of the current market environment as of the date appearing in this material only. Correlation measures how one investment performs in relation to another, with a coefficient of +1 being a perfect, positive correlation and a coefficient of -1 being a perfect, negative correlation. When two asset classes have a correlation of +1, they will both move up or down by the same amount in the same direction. Conversely, a correlation of -1 indicates that when one asset class moves up or down, the other moves in the opposite direction by the same amount. In general, asset classes with a correlation of less than 0.70 or greater than -0.70 are considered to have relatively low correlation.
Morningstar Direct, Cliffwater, as of March 31, 2025. Any investment involves a high degree of risk.
Diversification does not assure a profit or protect against losses in a declining market. There is no guarantee that any investment will achieve its aims or objectives or avoid substantial losses.
Diversification does not assure a profit or protect against losses in a declining market
