There is a huge opportunity in private markets to generate value, says Peter Walls, manager of the Unicorn Mastertrust fund. He said while financial advisers can be sceptical of the investment vehicles, having a long-term look could pay off. He told FT Adviser: “When you look at the Magnificent Seven, these are businesses that started off with not a lot of capital. These businesses can grow exponentially.” Walls also has a big weighting in “out of favour” listed private equity funds. Find out why: https://on.ft.com/3X8jq9r