. ♪ amber: this is bloomberg markets. i'm amber kanwar. shery: i'm shery ahn. heading back to the world economic forum, canada's top pension manager says the huge shift of assets from public to private markets could trigger steeper selloffs and exacerbate a crisis. ceo of the, the canada pension investment board, spoke with erik schatzker earlier. think we need really well functioning public markets in any economy. having said that, there is some interesting arguments on the other side of this. i heard someone talking a couple days ago about the fact that if you look at the real estate market, almost all of it is in private hands, some that is public, but the purpose of the amount is in private markets, so one of the same with companies? i'm not suggesting that will happen but it was an interesting argument as you look at for private equity -- it was articulated by someone who was a leader in private equity, saying that is maybe the way the world goes. , itone thing i worry about is ok the amount of private assets that are invested today, the way the public mar