Hopes of a global reopening following two years of Covid-19 and government-imposed lockdowns across the world are trumping any fears of Fed hikes, as fund managers take a generally bullish stance in January, according to a report by the Bank of America.
Drivers of 2021’s robust fundraising – an accelerated pace, bigger tickets, LPs pressing allocation limits and hot strategies like growth equity, tech and the energy transition – will likely also feature in 2022’s market.