Public and Private Market Investing Insights | Morningstar

Where data speaks public and private markets

The demand for transparent, data-driven insights has never been higher now that private investments are accessible to a broader range of investors. From interval funds to real estate investment trusts, semiliquid funds are available to diversify portfolios that traditionally featured public equities and fixed-income vehicles.

Below, our researchers and analysts share their perspective on the value and risks of private market exposure in investment portfolios.

Semiliquid funds are increasing investor access to private markets, but transparency remains a concern.

Semiliquid Funds: Top Vehicles, Asset Classes, and Managers

Semiliquid funds are increasing investor access to private markets, but transparency remains a concern.

The Rise of Evergreen Funds: A New Way to Access Private Markets

Evergreen funds are at the center of the next wave for private assets. Unpack the historical performance, risks, and fees of this emerging investment vehicle.

Why Are Small-Cap Stocks Underperforming? Private Markets May Play a Role.

Private markets are transforming US public markets. And small caps are feeling the effects.

Unicorns and the Growth of Private Markets

The rise of highly valued startups is reshaping global private markets, driving innovation, and redefining investment opportunities.

All Public and Private Convergence Insights

Showing 1 to 12 out of 65

Public and Private Market Convergence in 2026: Portfolio Construction Strategies with Morningstar Direct

Private Assets Meet Retirement Managed Accounts: A Liquidity-Centric Framework for Inclusion

Public and Private Convergence: What’s in Store for Private Markets in 2026

The Cost of Incentive Fees and Semiliquid Funds

The rise of highly valued startups is reshaping global private markets, driving innovation, and redefining investment opportunities.

Unicorns and the Growth of Private Markets

Morningstar’s Voice of the Advisor Study: How Can Today’s Financial Advisors Deliver Value?

Discover when semiliquid funds make sense, the conditions needed to use them effectively, and practical guidance on integrating them into a diversified portfolio.

The Role of Semiliquid Funds in Portfolios

Morningstar's Insights: How Financial Advisors Can Deliver Value in 2026

Investors First: The New Rules of Retirement Planning

The Allure and Risks of Investing in Private Markets

Evergreen funds are at the center of the next wave for private assets. Unpack the historical performance, risks, and fees of this emerging investment vehicle.

The Rise of Evergreen Funds: A New Way to Access Private Markets

The challenge of valuing private companies isn’t stopping investment. To improve transparency, Morningstar and PitchBook created the Modern Market 100 Index.

How to Benchmark Portfolios With Both Public and Private Equities

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