Flows of money moving into alternative investments, including real estate, have defied predictions of a boom by slowing down.
Alternative funds have raised $740bn since the start of the year, down 27% from $1.02bn for same period last year, according to data provider Preqin.
The data shows how investor interest has moderated for a sector that, according to Prequin’s 2022 report, was expected to double in size between 2021 to 2026, bringing assets under management to $26tn.
Alternative funds raised $1.5tn in 2022 as a whole.
