Unlocking Private Asset and Markets opportunities for the broad mass of investors continues to be a key value point for the asset management industry in the coming years, even though doing so requires niche specialist skills. Where do you see particular opportunities arising in the coming environment, referencing examples perhaps, from the following areas: Real Estate • Aviation Finance • Infrastructure • Private Equity • Private Credit/Debt • Other? Siobhan Moran, Head of Client Coverage, Ireland, RBC Investor & Treasury Services: Individual investors are attracted to the potential for alternative investments to provide above-average returns in the context of significant public market volatility and portfolio diversification. At the same time, asset managers are seeking to broaden their client base in a highly competitive environment. The expansion of retail access to private markets provides an interesting opportunity and this increased focused on the retail market is confirmed by a poll conducted by PERE, indicating that 53% of alternative fund managers expect retail investor to account for a larger proportion of their assets under management over the next five years. (PERE, Regulation & fund domiciles survey, October 2021) New technologies in particular are making it easier for individual investors to participate in the alternative investment arena. These technology providers build white label technology solutions for alternative managers or serve as an aggregator to bring retails investors to the manager. As a result, this creates a secondary market, allowing investors to buy or sell funds through their platforms.