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Private markets may be having a moment, but public markets still play a central role in most investors’ portfolios. Jan 21, 2026 Billionaires are betting big on private markets in 2026. By prioritizing investments in private equity, hedge funds, and private credit, they’re leaning into risk even as high interest rates and market volatility loom. Private equity is the most favored asset class, according to data from the UBS Billionaire Survey 2025. Almost 50 percent of billionaires plan to
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