Chart of the week: European secondaries decline 15 pct year-over-year

Secondary volume across various geographies declined in fiscal 2016. While North American and Western European vehicles continued to make up the bulk of secondary activity, they also fell the furthest, by 8.2 percent and 15.4 percent respectively from the year-ago period. Asia-Pacific funds fell more than 6 percent to $3 billion from $3.2 billion.