Live news: Snap warns of margin pressure as it ploughs more investment into AI

Singapore’s GIC, whose estimated belongings of more than $700bn make it one of the world’s largest institutional buyers, has warned that many of the tailwinds for personal fairness companies “have come to an end” as a golden age is changed by harder market situations.

But the investor, one of the most important backers of buyout funds, stated that whereas a brand new period of increased rates of interest and volatility had created challenges, alternatives have been nonetheless accessible within the personal market — a phase of the worldwide financial system to which lately it has considerably boosted its publicity.

Speaking forward of its annual outcomes on Wednesday, GIC informed the Financial Times it was allocating cash in the direction of logistics, infrastructure and different inflation-insulated belongings whereas seizing on discounted offers as some buyers regarded to money out.

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