Goldman Sachs Asset Management (GSAM) has reported a significant shift in sentiment among private markets investors. According to a recent survey conducted by the firm, investors are feeling more “courageous” when it comes to their investment decisions.
This change in sentiment is reflected in the responses of investors to questions about their outlook on the market and their willingness to take on risk. The survey found that a majority of respondents are now more optimistic about the prospects for private markets, with many expressing a willingness to increase their exposure to these assets.
One of the key factors driving this shift in sentiment is the improving economic outlook. As the global economy continues to recover from the impact of the COVID-19 pandemic, investors are becoming more confident in the prospects for growth and are increasingly willing to take on risk in pursuit of higher returns.
In addition to the improving economic conditions, investors are also feeling more positive about the potential for innovation and disruption in the private markets. Many believe that these sectors offer significant opportunities for growth and are eager to capitalize on them.
Despite this newfound sense of optimism, investors are not without their concerns. The survey found that many investors are still worried about the potential impact of geopolitical events, regulatory changes, and other external factors on their investments. However, these concerns have not dampened their overall enthusiasm for private markets.
Overall, the shift in sentiment among private markets investors is a positive sign for the industry. As investors become more “courageous” in their approach to investing, they are likely to fuel further growth and innovation in the private markets space. This bodes well for both investors and the broader economy as a whole.