Regulation Driving Up Asset Management Business Costs, UBS's Harford Says

The video discusses the current trends in asset management, highlighting the natural consolidation due to increased costs and regulatory barriers. It emphasizes the importance of delivering value and transparency. The demand for illiquid assets and alternatives is growing, driven by the search for unique, uncorrelated asset classes and pre-IPO opportunities. The video also explores safe havens in the current market, noting the challenges in predicting market movements and the potential for a recession.

What trends are influencing the interest in liquid and alternative assets?

What safe havens are currently considered valuable in the market?