Contractual rigidity, value-for-money questions and bad risk allocation all threaten to sink the model. Major intervention will be needed to bring it back to health.

Ratings and evaluations are being used to help managers raise money and land favourable loan terms. But the systems used to measure ESG have failings that cannot be ignored.

Alphabet’s entry into the asset class foreshadows a potential disruption that will force investors to choose between betting on tech or being disrupted themselves.

Fund continuations are here to stay. But how do these trilateral deals work and are they really a ‘win-win-win’ for all involved?

Going direct is well-suited to infrastructure. But anyone looking to do it will have to tackle tough questions around compensation and transparency.