Over half of Britain’s asset managers are planning to launch new funds focused on off-market investments such as private equity, infrastructure and private lending this year — underlining the industry’s shift away from traditional public markets, where low-cost index-trackers are increasing their share.

Asset managers have seen an increase in demand for alternative asset classes, including infrastructure, alternative credit and private equity, a report published on 26 May by asset management consultancy Alpha FMC has shown.