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Public and Private Market Investing Insights

Semiliquid funds are expanding investor access to private markets and blurring traditional boundaries. Here, Morningstar research analysts delve into the risk-return profiles and fee structures of public/private investments.  

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Access the latest insights from Morningstar and PitchBook on the convergence of public and private markets, and what they mean for you and your clients.

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All Public and Private Convergence Insights

Showing 1 to 12 out of 75
Blog
4 mins

Semiliquid Funds in APAC: Access, Liquidity, and Potential Trade-Offs

Explore how private assets can be thoughtfully implemented in DC plans, with insights on structure, liquidity, and manager selection.
Research

Don't Go It Alone: Collaboration Matters When Implementing Private Assets in Defined-Contribution Plans

Learn about the latest trends and developments in the rapidly expanding landscape of LTAF, a market that is still navigating its retail presence.
Blog
5 mins

LTAF Landscape: A Growing Market, Still Finding Its Retail Footing

Blog
5 mins

The Evolution of ELTIFs: What Advisors Need to Know in 2026

How asset-class correlations stack up amid higher interest rates, inflation, and the economic uncertainties of 2026.
Research
80 mins

Diversification Landscape: Building Diversified Portfolios

They make private markets more accessible, but are they worth the price tag?
Blog
17 mins

What Semiliquid Funds Get Right (and Wrong) About Portfolio Construction

Investors are pouring money into these funds, but returns vary widely across investment vehicles.
Blog
9 mins

Evergreen Funds: The Vehicle Behind the $1 Trillion Private Market Boom

Asset managers and fund companies are unlocking investor access to this previously uncharted territory.
Blog
3 mins

Semiliquid Funds Are Surging. What Do You Need to Know About Them?

Blog

Kunal Kapoor’s 2025 Letter to Shareholders

The US evergreen fund market is poised to reach a $1 trillion valuation by the end of the decade. Use the Morningstar PitchBook US Evergreen Fund Indexes to explore market trends, regulatory shifts, and opportunities.
Research
8 mins

US Evergreen Fund Landscape: Trends and Analysis for Q1 2026

Private markets are no longer the exclusive domain of institutional giants. Discover their mechanics and trade-offs.
Blog
5 mins

The Role of Semiliquid Funds in Portfolios

Incentive fee structures rarely reward investment skill and often simply incentivize risk-taking.
Blog
10 mins

Incentive Fees in Semiliquid Funds: Irregularly Disclosed, Regularly Collected

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