Many sellers but few buyers in Asian secondaries market, say investors

Many sellers but few buyers in Asian secondaries market, say investors

Singapore. Photo: Unsplash

Since the global markets corrected last year, fund managers have been flocking to secondaries to unlock liquidity in their portfolios. But while several investors are putting their assets up for sale, few are getting snapped up, with the bid-ask gap remaining particularly wide for Chinese, technology, and crypto assets, say secondaries investors. 

Edited by: Joymitra Rai