“Swiss investors are endorsing a “wait-and-see” approach on illiquid asset classes, as uncertainty mounts on the real value of the assets, Oliver Kunkel, head of asset manager section and controlling at consultancy PPCmetrics, told IPE. “There are various issues with pricing, and we are closely monitoring how [asset] managers deal with these, including managing redemption requests,” Kunkel added. PPCmetrics is currently observing “great uncertainty” as to whether the stated valuation of some illiquid assets reflects their true value, Kunkel added.”