The unpredictable new U.S. administration represents a bigger risk to global markets than cybersecurity, or other major geopolitical issues in 2017, according to a survey of more than 200 alternative investment industry professionals at the 2017 Cayman Alternative Investment Summit (CAIS)
Specifically, U.S. President Donald Trump was identified as the top risk by 44% of survey participants, well ahead of cybersecurity (25%), and other concerns such as China, European elections, and Brexit.
On the technology front, the survey found that artificial intelligence (AI) is seen as the “emerging technology that will have the most impact on the world in 2017” by 31% of participants, followed by robotics/automation (19%), blockchain (18%), and cybersecurity (16%).
The vast majority of survey participants (85%) also said that they expect alternative assets to grow over the next five years — although they were split over whether the number of alternative funds will go up or down. In particular, 46% predict that there will be fewer funds while 39% predict there will be more funds.
The survey also found that 40% of investors are most bullish about the potential returns from real estate and real assets, followed by commodities (28%), equities (18%), and credit (14%).
The survey was carried out on Feb. 15-17.