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Same definition. Right now markets pay a premium for the convenience of liquid assets as you say. What I'm saying is that the investment profiles of the SWFs ma

Same definition. Right now markets pay a premium for the convenience of liquid assets as you say. What I'm saying is that the investment profiles of the SWFs may lower that premium/raise the price of illiquid assets such that the two are effectively the same price. Feels like two sides of the same coin. I could probably have been clearer, but I kindof liked the way the title sounded. Appreciate the feedback.

Retric 16y ago
Perhaps a better way of stating it would be: Illiquid investments currently need to pay a premium over their more liquid counterparts. However, an increase in long term investors may reduce this requirement over time.
- eru 16y ago
  Yes, that's clear. The clever title "Illiquidity premium" is OK.