A closer look at the controversies, risks and returns of these once-obscure investments as they become increasingly mainstream.

A closer look at the controversies, risks and returns of these once-obscure investments as they become increasingly mainstream.

The sector has been under scrutiny after a period of rapid growth. Even ASIC, a critic, says it’s an important part of the economy – but it needs standards.

They are either on the cusp of a multi-decade boom or mired in a crisis of confidence, depending on who you ask. The reality is somewhere in between.

From the ASX to evergreen funds on Hub24, the entry ticket for private assets has plummeted. But bypassing the $250k income hurdle comes with a catch.