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Apollo Global Management (APO) Co-Founder and CEO Marc Rowan believes investors are overlooking how the asset management industry has evolved over the years. Rowan joins Yahoo Finance Executive Editor Brian Sozzi at Yahoo Finance Invest, where he explains how the divide between "risky" private equity and "safe" public assets no longer applies in this market environment.
Today, both private and public assets carry risks and rewards, with more companies opting to go private than public. While private equity continues to grow, Rowan says that “the biggest trend in our industry is investors, individual investors, and institutional investors looking at their fixed income bucket and saying to themselves, why is this 100% public?"
To watch the full interview, click here.
Disclosure: Yahoo Finance is owned by Apollo Global Management.
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This post was written by Cindy Mizaku.