Bank of America recently met with iCapital Network’s Chairman & CEO Lawrence Calcano to discuss the democratization of alternative asset investing. On Tuesday, Bank of America analyst Craig Siegenthaler said he is bullish on three leading alternative asset management stocks after his conversation with Calcano.
Shifting Strategies: Siegenthaler said private market strategies have been shifting over into the retail investing channel for the past several years. He said the U.S. is leading this transition, but he is witnessing growing interest from European banks as well.
