Finolutions

Investment conversations have become increasingly sophisticated. Investors today are comfortable discussing CAGR, IRR, MOIC, alpha, yield and drawdowns. Product presentations are filled with return numbers, historical performance and expected outcomes. Yet one important characteristic of an investment rarely fits into a neat percentage: liquidity . Returns are easy to quote because they can be expressed as a number. Liquidity is harder to explain because its value often becomes visible only when an investor actually needs access to capital. This distinction is becoming increasingly relevant in modern wealth management , as investor portfolios expand beyond traditional listed equity and fixed income into PMS, private equity, venture capital, private credit, pre-IPO opportunities and other alternative investments . The question is therefore not whether illiquid investments are good or bad. The more useful question is whether investors are adequately compensated for the liquidity they gi...