Rowan predicts regional banking business models will fundamentally transform within five years.
“I'll be shocked if five years from now the business model of a regional bank looks like what they do today.”
Rowan predicts high net worth retail investors will allocate 50% to alternatives within five years.
“I think retail investors high net worth are gonna be 50% allocated to alternatives in the next five years. Now 50.”
Rowan predicts investors won't distinguish between public and private investment grade credit within 18 months.
“Eighteen months from now, I do not believe investors will actually know the difference between investment grade public and investment grade private.”
Rowan predicts large manufacturing and consumer companies will remain private in the future.
“It will not surprise me to have large manufacturing consumer companies that are private in the future.”
Rowan predicts a private company index will exist alongside the S&P 500.
“It will not surprise me that we end up with an S and P 500 index and an index of companies that are private.”
Rowan predicts individual investors will match institutional scale in alternative investments.
“I predict that individuals will be at least as big as institutions in their alternative bucket.”
Rowan predicts individuals will match institutions in size for alternative investments.
“All of a sudden, we have this second thing called individuals. And I predict that individuals will be at least as big as institutions in their alternative bucket.”
Rowan predicts five tech companies will be among ten largest investment-grade issuers within five years.
“The 10 largest issuers of IG five years from now, if everything holds, are gonna be five large tech companies and five large banks.”
The Board of Peace will succeed because its leaders think like business people.
“I know everybody's saying no, and there are the naysayers, but I think they're going to be incredibly successful because they think as business people.”
Rowan and Yakir Gabay will succeed with the Board of Peace initiative.
“I think that Yakir Gabay and Marc Rowan, which you can quote me on, are going to be incredibly successful with the Board of Peace,”