$553 Billion Private Equity Firm KKR Launches Global Wealth Investment Council Comprising of 8 Experts from 6 Global Wealth Management Firms UBS, Morg

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$553 Billion Private Equity Firm KKR Launches Global Wealth Investment Council Comprising of 8 Experts from 6 Global Wealth Management Firms UBS, Morgan Stanley, Nomura, Brown Advisory, Hightower Advisors & Bank of Singapore

28th March 2024 | Hong Kong

Leading global private equity firm KKR with $553 billion AUM (Assets under Management) has launched a new Global Wealth Investment Council (GWIC) comprising of 8 experts from 6 global wealth management firms UBS, Morgan Stanley, Nomura, Brown Advisory, Hightower Advisors & Bank of Singapore.  The 10 members of the KKR Global Wealth Investment Council (GWIC) are Sid Ahl, CFA (Co-CIO of Private Clients, Endowments and Foundations, Brown Advisory), Karim Cherif (Head of Alternatives, Chief Investment Office, UBS Wealth Management International), Jean Chia (Global Chief Investment Officer, Bank of Singapore), Jason Draho, PhD (Head of Asset Allocation Americas, UBS Global Wealth Management), Christopher “Kif” Hancock (Chief Investment Officer for International, Brown Advisory), Tomochika Kitaoka (Managing Director, Chief Strategist, Nomura Securities Fiduciary Research and Consulting, CIO Management Division), Stephanie Link (Chief Investment Strategist and Portfolio Manager, Hightower Advisors) and Lisa Shalett (Chief Investment Officer, Morgan Stanley Wealth Management).  KKR (25/3/24): “KKR, a leading global investment firm, today announced the launch of its Global Wealth Investment Council (“GWIC”). Comprised of ten experts from leading wealth management firms around the world, the GWIC is designed to serve as a forum for constructive dialogue and knowledge exchange on the topics of macroeconomics, capital markets, asset allocation and the role of private markets in individual portfolios.  Earlier in January 2024, KKR launched a new online alternatives investing education website for financial advisors & investors, providing macroeconomic insights, investment perspectives & educational content across private equity, infrastructure, real estate & credit.  More info below:

” $553 Billion Private Equity Firm KKR Launches Global Wealth Investment Council Comprising of 8 Experts from 6 Global Wealth Management Firms UBS, Morgan Stanley, Nomura, Brown Advisory, Hightower Advisors & Bank of Singapore “

 



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Paula Campbell Roberts, Chief Investment Strategist for Global Wealth at KKR and Chair of the GWIC: “We are thrilled to convene an esteemed and diverse group of investment experts for this first-of-its-kind initiative.  We believe that through collaboration and dialogue, we can develop actionable insights that benefit not only our respective organizations but also the broader investment community.”

Eric Mogelof, Partner and Head of Global Client Solutions at KKR: “Open communication and exchange of ideas and insights are core to our business and ability to serve the private wealth community.  By bringing together these leading minds in wealth management, we hope to create a resource that supports our industry in bringing the benefits of alternatives to more investors.“

 

 

Members of the Global Wealth Investment Council (GWIC) include:

  • Sid Ahl, CFA – Co-CIO of Private Clients, Endowments and Foundations, Brown Advisory
  • Karim Cherif – Head of Alternatives, Chief Investment Office, UBS Wealth Management International
  • Jean Chia – Global Chief Investment Officer, Bank of Singapore
  • Jason Draho, PhD – Head of Asset Allocation Americas, UBS Global Wealth Management
  • Christopher “Kif” Hancock – Chief Investment Officer for International, Brown Advisory
  • Tomochika Kitaoka – Managing Director, Chief Strategist, Nomura Securities Fiduciary Research and Consulting, CIO Management Division
  • Stephanie Link – Chief Investment Strategist and Portfolio Manager, Hightower Advisors
  • Lisa Shalett – Chief Investment Officer, Morgan Stanley Wealth Management
  •  

    To mark the launch of the GWIC, KKR surveyed its members on their key macroeconomic views and thoughts on asset allocation. Key takeaways included:

    • Concerns about sticky inflation, and the potential slowdown in consumer spending and job growth are top of mind for GWIC members.
    • The majority of the GWIC members believe that of the major global economies North America is best positioned for economic growth in 2024 and China is the most challenged.
    • Most GWIC members believe that the economy will experience a ‘soft landing’ but views were more mixed on the timing of rate cuts and the outlook for the U.S. dollar.
    • Most GWIC members pointed to AI and transformative tech as the most important theme to get right in 2024.
    • From an asset allocation perspective, most of the members believe that High-Net-Worth individuals are overweight to cash and underweight to Alternatives this year. They also believe that stock/bond correlations are likely to remain high in 2024, driving the need to source diversification elsewhere.
    • The majority of members believe that generating income is the most popular goal of High-Net-Worth Investors in 2024.

     

    KKR History

    On May 1, 1976, Henry Kravis and George Roberts co-founded KKR alongside their mentor Jerome Kohlberg with $120,000, launching what we now know as the alternatives industry. Initially only a U.S-focused private equity firm, today we are global, with multiple types of capital that we invest all over the world on behalf of our clients, and those investments are helping address some of the world’s most pressing challenges. First cousins and the closest of friends, the bond of partnership between Henry and George and their entrepreneurial spirit are embedded in our firm’s DNA.

     

     

    $528 Billion Private Equity Firm KKR Launches New Online Alternatives Investing Education Website for Financial Advisors & Investors, Provides Macroeconomic Insights, Investment Perspectives & Educational Content Across Private Equity, Infrastructure, Real Estate & Credit KKR

    23rd January 2024 – Leading private equity firm KKR with $528 billion AUM (Assets under Management has launched a new online alternatives investing education website for financial advisors & investors, providing macroeconomic insights, investment perspectives & educational content across private equity, infrastructure, real estate & credit.   KKR: “Even though 81% of financial professionals agree that offering opportunities in alternatives investment is a competitive differentiator, only 1.4% of the estimated $192 trillion in the wealth sector globally was allocated to alternative asset classes in 2022. Perceived inaccessibility and complexity of the asset class are creating challenges for wider adoption by financial advisors.”   Eric Mogelof, Partner and Global Head of Global Client Solutions, KKR: “The knowledge gap around the alternatives landscape has long served as a barrier for individuals’ access to private markets. Alternatives Unlocked was created to bridge that gap, so individuals can understand the same investments that have long been a good source of returns and diversification for institutional investors. KKR has nearly five decades of experience delivering investment excellence for institutional investors. We are delighted to be able to share this expertise to help advisors and individual investors better grasp private markets investing in practice.”  More info below:

     

     

    $528 Billion Private Equity Firm KKR Launches New Online Alternatives Investing Education Website for Financial Advisors & Investors KKR

    17th January 2024 – Today, KKR, a leading global investment firm, unveiled “KKR Alternatives Unlocked,” a digital platform designed to empower financial advisors and their clients to better understand the alternatives investing landscape. The platform features a variety of content for financial advisors and individual investors, including macroeconomic insights, investment perspectives and educational content across private equity, infrastructure, real estate, and credit asset classes.

    Features of the platform include:

    • Multimedia content leveraging a deep bench of experts across private market asset classes, with live presentations and events presented by investment professionals and product specialists.
    • A range of topics serving all audience levels, from the basics to complex portfolio construction topics.
    • A digital, interactive experience with foundational materials available in a simple format supported by easy-to-understand infographics.
    • A webcast platform offering continuing education credits exclusively for advisors.

    Alternatives Unlocked is currently available globally to financial professionals. To learn more, visit https://www.kkr.com/alternativesunlocked.

     

     

     

    About KKR

    KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.




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