在全球宏观经济和地缘政治不确定性增长的情况下，2022年第二季度的交易势头放缓。
普华永道在2022年对资产和财富管理协议的介绍中说，放缓可能在下半年继续缓解。但是，该报告指出，尽管交易市场在2022年上半年有所放缓，但资产和财富管理交易量并没有达到岩石底部。
According to the report, deal volume remained at a “strong pace” in the first half of the year, with 109 deals announced by May 15, an 11 percent increase over the same period in 2021. Notable transactions included UBS’s acquisition of Wealthfront for $1.4 billion, AllianceBernstein’s acquisition of CarVal Investors for $1.4 billion, and Carlyle’s acquisition of a portfolio of collateralized loan obligations from CBAM for $787 million, the report said.
普华永道（PWC）向前迈进，普华永道（PWC）指出，在目前的利率环境中，私人市场的投资活动持续增长。“随着Alts经理的占地2.5美元以上的干粉，并继续在几年来首次享受高级估值和利率，这是第一次，我们预计（尤其是）私人信贷经理将成为前沿的报告说：“作为希望渗透私人市场领域的传统资产经理的吸引力，而且对于私人市场生态系统的其他成员（例如私募股权公司）。”
报告说，传统资产经理将受益于扩展到私人信贷，因为它将在股票市场的波动性中创建急需的固定收益产品。例如，该报告指出，一些传统公司已经开始扩大其信贷能力，包括富兰克林·邓普顿（Franklin Templeton），该公司经营信贷经理福利街头合作伙伴，但在6月宣布已收购了BNY Mellon的欧洲信贷部门Alcentra。
报告说：“此次收购将大约两倍受益于街的AUM，并扩大其欧洲的影响力。”
普华永道还希望私募股权公司深入研究私人信贷。报告说，尽管私募股权公司已经熟悉并活跃于这些产品中，但它预计PE公司将“评估私人信贷的变革平台投资，尤其是随着宏观经济周期开始转弯，”该报告说。
在数字资产和加密货币交易中，普华永道看到合并和收购的机会。Crypto assets and products have suffered through a brutal market correction in the first half of 2022, with PwC noting that Coinbase’s valuation has decreased to a sixth of its valuation in the fourth quarter of 2021. “This moderation in valuations should [serve] to make it easier for larger, cash-rich regulated players (exchanges, brokerages, asset managers) to explore M&A opportunities in the crypto space,” the report said. “They are most likely to be interested in crypto players with weaker balance sheets, especially players with unique intellectual property or an established position catering to specific customer segments.”