A regular briefing for the alternative asset management
industry.
Last week, we published Insights '25 – our annual
preview of the year ahead for the alternative asset management
sector.
Will Normand, Acting Head of
Asset Management at Travers Smith, introduced this year's
edition, summarising the key developments to watch out for in 2025
and beyond:
Politics matters, of course, and 2024 was certainly eventful. We
enter 2025 with new governments at the helm in many countries
– and ongoing political instability in a number of
others.
No-one can predict exactly what Trump's second term will
mean for the US and the wider world, but alternative asset managers
might look forward to the promised tax cuts and deregulation. In
particular, the new SEC leadership might ease some rules that
hinder access to retail investors – although managers with a
strong focus on ESG are likely to face increasing pressures.