Amid various macro uncertainties, interest in private credit declined sharply to 48 per cent from 71 – among alternative investments – while interest in real estate jumped to 52 from 39 per cent, according to the 2026 Asia Advisor Survey released today by financial technology company iCapital.
This marks a sharp decline for private credit, which was the leading area of interest among Asian advisers in 2025. In addition to real estate, advisers are also turning to other real assets, with interest almost doubling to 31 per cent.
“The rotation towards real assets comes as geopolitical disruption and energy security concerns have increased focus on inflation resilience and tangible assets,” the report says.
Interest in venture capital, at 39 per cent, also marked a double-digit increase. This was “consistent with a robust capital markets backdrop in Asia in 2026, particularly for AI-related portfolio companies”, according to the report.