SVB – Global Fund Banking Outlook Report, 2H 2024

The SVB – Global Fund Banking Outlook Report, 2H 2024 discusses the current trends in equity markets, highlighting concerns about inflation, interest rates, and market volatility. Fund managers are optimistic about the exit market improving, while also exploring alternative liquidity solutions such as secondaries and NAV loans. The report notes a growing interest in AI among fund managers for both investments and operations, although challenges like cybersecurity and technical expertise remain. Despite worries about weak exit markets hindering fundraising efforts, survey trends show sustained optimism among managers. Borrowing by managers has stabilized, aligning with predictions made in the previous survey. The report also discusses how election years can cause investor jitters but historical data shows that election results have had limited impacts on market performance. Additionally, macro headwinds like inflation, interest rates, and market volatility are key concerns for CFOs, with the expectation of increased market turmoil as the election approaches. Despite concerns about a potential recession, indicators like inflation and interest rates suggest a boost in market performance with further rate normalization.