Over the past 20 years, alternative assets (like private equity, hedge funds, real estate, infrastructure, and venture capital) have grown significantly in importance. They used to make up just 6% of all global assets under management (AUM)—which is the total amount of money managed by investment firms. Now, they account for 15% of that total. And industry experts expect this industry to continue growing AUM at around 10% a year through 2029, making it an interesting space to monitor.
Overall, these three firms are displaying a strong willingness to return more capital to shareholders, a welcome sign amid the currently uncertain market environment.
